Newsletter Q1 2016
There were two very different eighths to the quarter that made up the first three months of 2016.
January started with a plunge, the worst start for U.S. stock markets in more than eight decades. Fears included: a hard landing/significant slowdown of the Chinese economy, the Bank of Japan’s pursuit of negative interest rate policy, domestic recession concerns, further Federal Reserve (“Fed”) interest rate hikes, a sudden and huge drop in world oil prices, global economic and geopolitical strife, and U.S. election jitters.