Looking back on 2016 and the major major news events of the year - a slow down in the Chinese economy in January (who remembers that?) Brexit, the US elections, you would be forgiven for thinking that it was a very up and down year in the markets. In fact it was fairly normal, not just in the US but also the UK. Don't think about investments around what happens related to short term news - use a bit of perspective. Ignoring most the commentary on news 'events' and sticking to a long term focus was not just the best way to invest in 2016 but will always be the best way.
Maybe it’s just me but a lot of end-of-year commentary about financial markets in 2016, implicitly and sometimes explicitly, makes it sound as if it was a crazy year. It wasn’t. In fact, it was amazingly normal. This is true of at least the S&P 500 (I’m not going to be more ambitious here) which is what I think many of these commentators are talking about.1,2