Share Article

2016 Asset Class Performance

Source: US Large Cap: S&P 500, US Small Cap: Russell 2000, International: MSCI EAFE, Emerging Markets: MSCI Emerging Markets, Real Estate: Dow Jones US Select REIT, Energy: S&P 500 Select Energy Sector, Bonds: Barclays US Aggregate Bond

2016 was yet another year that helps make the case that markets are not predictable over the short run. The market got off to its worst start ever with slowing global growth and plummeting energy prices. Both were short lived as unemployment dropped to 4.8% by the election, and continued to drop to its present level of 4.6%, well below the Fed’s target. Low unemployment leads to higher wages and a revived