The S&P 500 traded 10.5% lower during the first 28 days of 2016, the worst-ever start to a year. However, after turning on a dime in February U.S. stocks never looked back, with the S&P posting a nearly 10% annual gain.
It is going to be a difficult ride, especially, and as always, for working people. Let's hope Trump and the Republicans take the blame and the U.S. and world economies recover quickly on the next uptick.
While investors around the world digest the election's results, a central issue for them is how the outcome will affect their assets. But does how markets react tell us anything about the future as well?