Here is some data to carry forward to 2017 with just a few trading hours left this year, The UK Referendum and the US Elections were two events that created Â short term spikes in volatility. However, the real impact will be measure in years. GOLD in various currencies (1980 to Nov-end 2016) WORLD Indexes YTD
Overnight Shanghai plunged another 5.9%.Â Now the Shanghai has plunged 32% since mid-June. On the other hand,Â Greece promised to implement pension and tax reforms as early as next week as the first step to securing a three-year rescue loan to cover debt obligations, according to a letter requesting the funding from European partners on Wednesday.
Not adding extra hedges to the portfolio now seems like it was the right decision. On the other hard the Jun performance was affected. After the confirmation of Greece not paying the FMI the world markets are taking a step forwards recovering the losses from Monday. The question now is: will it last? We will