Current News

– Financial insight to help keep you informed –

A Review of 2016

Here's an article from Barron's that gives a very good financial overview of 2016. I hope many of you will find it helpful:

The year 2016 was one that defied predictions. In 2015, the Federal Reserve forecast four rate hikes in 2016, but they only had one. Early in the year, that forecast, along with other economic factors including the dropping price of oil, caused equity markets to have one of the worst starts on record.

When oil hit a low of $26.21 a barrel in February, some analysts forecasted potential mass oil company bankruptcies and a possible U.S. recession, neither of which came true.

One of the next big confusions of 2016 came when polls showed that the United Kingdom was probably going to remain in the European Union when the actual vote was to leave. This event, known as “BREXIT,” caused the markets to plunge. After a sharp two day drop, the S&P 500 started racing higher again.

Perhaps one of the biggest predictions gone wrong was when most polls predicted a victory for Hillary Clinton, but Donald Trump was elected to be the President of the United States. Some felt this would cause an immediate bear market, but instead, post-election investors were treated to a market surge.

Despite all the forecasts of doom and gloom in 2016, equity markets ended the year with strong results. By year-end, the S&P 500 had a gain of 9.5%, mostly due to the post-election hopes that included looser regulations and tax cuts.

(Source: Barron’s 1/2/2017)


Go Back



Securities and advisory services offered through SagePoint Financial, Inc., member FINRA/SIPC. Insurance offered through Investment Concepts, Inc. which is not affiliated with SagePoint Financial, Inc. or registered as a broker-dealer or investment advisor. Angie Zylka and Jeff Straw are not registered with SagePoint Financial, Inc.

Note: The views stated in this section are not necessarily the opinion of SagePoint Financial, Inc., and should not be construed, directly or indirectly, as an offer to buy or sell any securities mentioned herein. Investors should be aware that there are risks inherent in all investments, such as fluctuations in investment principal. With any investment vehicle, past performance is not a guarantee of future results. Material discussed here with is meant for general illustration and/or informational purposes only, please note that individual situations can vary. Therefore, the information should be relied upon when coordinated with individual professional advice. This material contains forward looking statements and projections. There are no guarantees that these results will be achieved. There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio in any given market environment.

Due to volatility within the markets mentioned, opinions are subject to change without notice. Information is based on sources believed to be reliable; however, their accuracy or complete-ness cannot be guaranteed. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. Past performance is no guarantee of future results. The Standard and Poors 500 index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major indices. The Dow Jones Industrial average is comprised of 30 stocks that are major factors in their industries and widely held by individuals and institutional investors.

generalicons meeting

Financial Insight by Katie Kessler

Katie Kessler is the President and a Registered Representative of Investment Concepts, Inc., a boutique wealth management firm that is celebrating its 31st year in January. Here she will share financial insights to help grow and maintain your wealth.


To learn more about the professional history of our financial advisor(s), please visit FINRA's BrokerCheck.


Katie's Full Bio

Receive Our Newsletter

Get up-to-date information and answers for your most pressing questions affecting your financial goals.

Subscribe