Patience pays dividends
Outlook provided by ASIA PACIFIC GROUP OF RAYMOND JAMES
For months prior to the presidential election, investors remained in a holding pattern, poised to see how the domestic and global markets would react. Many international markets saw pullbacks, but U.S. stock markets surprised to the upside, rewarding investors after showing signs of volatility in pre-trading hours following Election Day. The domestic market rally after the election favored small- and mid-cap stocks, and the momentum saw all three major domestic stock indices end November in positive territory.