December 2015 Market Watch

Posted 10 Dec 2015 by Rick Irwin, CFP, CLU


The markets have been quite up and down, especially over the past few months, but 2015 as a whole was a relatively average year. More globally-diversified portfolios are likely to be in a good position and the long-term outlook remains positive.

Markets have gradually begun to claw their way back over the last several months after a sharp but short-lived sell off in August. Most globally-diversified, well-balanced portfolios – largely due to the benefits of proper diversification – are likely positing medium to high single digit gains for the year. It’s sure to be choppy as we move forward due to the many clouds still hanging overhead, but the outlook for global growth over the next few years is strong despite these short-term uncertainties.

Rather than trying to dig deeper into reading the tea leaves, I’d like this issue’s market watch to dwell on the incredibly tragic and senseless events in Paris last month. While our immediate thoughts are with the victims, this event (like similar moments from the past) provides us with an opportunity to evaluate our personal circumstances. Ideally, through our sympathy for those directly and indirectly impacted by these events, we develop an even greater appreciation for the safety and freedom we are fortunate to enjoy here at home.

Happy holidays to you and your family, and all the best for a healthy and prosperous New Year!