![]() “The more things happened that were unlikely, the more we seemed to rally.” Kinahan, TD Ameritrade’s chief strategist. “It’s been the year of the unlikely happening, but the crazy thing about the unlikely happening is you would expect that to lead to big sell-offs, and we experienced the exact opposite,” said J.J. More recently, investor optimism that the Republican election sweep will usher in a bevy of business-friendly policies spurred the market to new heights. economy and job market all helped keep the market on an upward trajectory. ![]() presidential election win.Ī turnaround in company earnings growth, more stable oil prices, a steadily improving U.S. It also weathered plummeting oil prices and the surprising outcomes of Britain’s vote to leave the European Union and Donald Trump’s U.S. Wall Street repeatedly bounced back from steep slumps, including the worst start to any year for stocks, the second correction for the market in five months and investor fears of a global slowdown. ![]() ![]() In a year with no shortage of surprises and stomach-churning turns in the market, stock investors can feel pretty good about 2016. ![]()
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