The U.S. debt downgrade, the fiscal cliff, the sequester, the government shutdown, Dodd-Frank, ObamaCare, rumors China would implode, the call that interest rates would skyrocket, Europe’s debt crisis, a potential U.S. debt default, Fukushima, the Arab Spring, Iran, North Korea, Egypt, Syria, Ukraine, airline disasters, natural disasters, strong, dollar, Fed tapering, QE ending, ISIS, Ebola, currency dislocations, oil collapse, the “Grexit,” China currency fears, Fed raising rates, Zika, “Brexit,” terrorism, social unrest in U.S., the U.S. election, “Quitaly,” Trump policy uncertainty, Syria again, North Korea again, etc. And yet stocks have stayed resilient and continued to make new all-time highs!!!”
Having a well-balanced and diversified portfolio of non-correlated asset classes can help reduce volatility but will often underperform certain benchmarks in various periods.
Source: Raymond James Investment Strategy April 19,2017
All investing involves risk. There is no assurance that any investment strategy will be successful.Asset allocation and diversification does not ensure a profit or protect against a loss. A complete copy of the April, 2017 Investment Strategy Quarterly is available through our office. Any opinions are those of Thomas Fleishel and not necessarily those of RJFS or Raymond James.