Comment & Analysis
From “Brexit” to Trump, Experts Got 2016 All Wrong
At year-end 2015, amid the backdrop of a low-growth U.S. economy, stagnating corporate earnings, and slowing global demand, we surveyed the investing landscape for the year ahead and contemplated the outlook for key asset classes. The U.S. Federal Reserve (Fed) had just raised (on December 16, 2015) the fed funds…
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