Prediction-Free 2016 Outlook

After rereading my January 2014 outlook, I am not surprised that this year's will be remarkably similar. Energy stocks were the worst performer in 2014, and anyone who went bargain hunting thinking $60 a barrel would be the low got banged up again in 2015. Lesser-quality bond spreads were widening, and that trend continued this year.

Canary in a Coal Mine?

This blog post is an excerpt from the December 11th edition of OAM's Taking Stock Newsletter.

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