Market Commentary December 2016

Please find this month’s Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market.

Not for the first time this year, conventional market wisdom about the response of asset prices to an unexpected political development has proven wholly misjudged. Equity markets worldwide took the victory of President-elect Donald Trump in their stride, in anticipation of a growth-friendly policy environment that should lend some much needed support to the outlook for corporate profits. We remain bullish on equities. December is historically the best month of the year for stocks with the traditional “Santa Claus” rally making its visit in the last five business days of the year and we advise investors to position themselves accordingly.