Tuesday, January 12, 2016

Winter 2015 Investor Letter: Narrow Leadership And Heightened Volatility

In our recently published Winter 2015 Investor Letter we discuss the challenging year faced by investors in 2015. A number of notable events occurred in 2015, the market succumbed to a 10% correction after going nearly four years without one, the Federal Reserve raised interest rates for the first time in over nine years, and 2015 equity market returns were concentrated in a handful of names, those names have been referred to as the FANG stocks, Facebook, Amazon, Netflix and Google (now called Alphabet.) Our Investor Letter contains our thoughts on the coming year. These thoughts include commentary on oil, the US Dollar and recent economic activity.

From The Blog of HORAN Capital Advisors

For additional insight into our views for the market and economy, see our Investor Letter accessible at the below link.

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