What will historians say about the market machinations of 2016?
Perhaps the first thing is something along the lines of text message shorthand: WTF. If you don’t know what that is, ask your children, grandchildren or search the web.
2016 was quite the year—unexpected outcomes, outlier political events, volatile ebbs and flows, all-time highs… and multi-year lows. It was also the year the country voted to walk the path toward making America great again.
As for markets, there was a whole lot of egg and a whole lot of faces of “experts” this year, as conventional wisdom turned out to be anything but wise…
Here are 2016’s 6 biggest market blunders.