Quarterly Market Review2016 Year in Review

Quarterly Market Review 2016 Year in Review

The dangers of basing investment strategies on media forecasts were highlighted dramatically in 2016 as the outcome of major world events and the market reaction to them confounded pundits.

  • The major news event was Donald Trump’s US presidential election win. The Republican outsider and populist defeated Democrat Hilary Clinton on a platform that tapped into voter anger at “insider” politics and the effects of globalisation.
  • Anti-free trade and anti-immigration sentiments also fuelled the mid-year vote by Britons in favour of leaving the European Union, again a largely unheralded result that led to the resignation of Conservative Prime Minister David Cameron.

Read the full 2016 Year in Review