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Friday, December 30, 2016

2016 Highlights

Politics, economics and markets were all turned on their head in 2016, and investors are looking ahead to 2017 following a turbulent year. Highlights: The Panama Papers, Diesel Gate settlement , Greek debt relief, Megabrew, the EU's tax crackdown, sale of Yahoo , nuclear test and impeachment in Korea, Pokemon Go, Twitter  takeover rumors, Brexit and sterling's plunge, the Italian referendum, panic at Deutsche Bank  and Monte dei Paschi , OPEC's output deal, and following Donald Trump's election - a Fed rate hike, the dollar's surge and soaring treasury yields. The Dow, S&P and Nasdaq also partied like it was 1999 - the three markets all closed at historic highs for the first time in 17 years.

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