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2016 Performance Revisited And Deutsche’s 2017 Equity Outlook
As 2016 comes to a close with US risk on a veritable tear thanks to (possibly misplaced) optimism surrounding the prospects for fiscal stimulus under the new commander (and Tweeter) in chief and rates on a similar tear as US 10Y yields drag their counterparts higher, I thought it was worth publishing the following chart from Deutsche Bank which depicts total returns for different asset classes in 2016.
Below that, find Deutsche's outlook for US equities in the coming year. Note the EPS boost a
I think markets are going to be quite volatile and chaotic between now and 20 January as spy vs. spy gets underway…..