January 2016: What’s going on?

The record poor performance of the first two weeks of 2016 has prompted many clients to ask “what’s going on?” Concerns about China, oil, geopolitical tensions, the Fed, and corporate earnings have prompted the latest round of angst and fear amongst some market participants. It’s understandable; after all, it has been over four years since we have had any pause in the market. This uninterrupted upward trajectory can sometimes trick one into thinking that the market is destined for permanently rising returns. To keep it in perspective, even including Friday’s decline, the Dow is only about 11% off the all-time high it reached in May of last year. These are natural pauses in the market.



IMPORTANT DISCLOSURE
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Greenwood Gearhart Inc. (“GGI”), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from GGI. Please remember to contact GGI, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. GGI is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. A copy of the GGI’s current written disclosure statement discussing our advisory services and fees continues to remain available upon request.