The markets are still moving but much quieter as end of year holiday season arrive.
Many things have happened. It turns out still be a good year after all. The overall return for this year is around 8% profit, which is better than I expected at mid of year where was struggling recover from loss.
I can't foresee what will happen in 2017. Thus I have reduced exposure significantly. I think some stocks should still do better, but will not be easy to pick any more. The US stocks have risen, the USD currency has also risen, is it a trend continuation or is it a trap.
I'd put 2017 as a cautious year. Among the world, tension is still clear, uncertainty is present. One good factor is inflation pick up, but that still depend on oil price recovery. If economies still lag, the markets won't reflect it well.
All in all, a good investor need to be able to maintain profitability at uncertain times. and here comes 2017.
Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.
No comments:
Post a Comment