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Remaining Hopeful for 2016


Our investment group meets daily to review the markets and discuss actionable items. As such, a daily banter among the portfolio managers and analysts warms the hearts of those in love with Wall Street. So it was that everyone was in the office early and thinking about what the New Year would bring the first trading day of 2016. However, the opening line of our Chairman at out morning huddle tells the tale of 2015, “That was the hardest year we have had since the crisis”.

There is a tale of two markets when we look at the S&P500 performance for the year. The total return number, though anemic at 1.4%, belies the fact…

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