Wednesday, May 6, 2020

Graduation Speech A New Year - 842 Words

While a new year means new beginnings—changing to a new calendar, signing up for a new gym membership, and struggling to remember to write 2016 on our checks—markets are starting 2016 off with the same growth concerns and heightened volatility that made the second half of last year a challenging one for investors. In fact, the calendar year 2015 was highlighted by essentially flat returns across stocks (SP 500 advanced 1.4%), bonds (Barclays Aggregate Bond Index advanced 0.6%), and cash (which returned 0.2%). Notably, this was the first time in over 60 years that all three major investment categories were simultaneously unchanged—plus or minus 2%—over a full calendar year. With the Federal Reserve (Fed) raising rates for the first time in nine years, the arrival of the presidential election campaign season, and moving another year closer to the end of the current economic expansion, I expected more volatility in 2016, but I didn’t expect it so soon in the year. Normally, the first few trading days of the year are buoyant as investors look optimistically ahead. Instead, 2016 has started off on a sour note, as a rise in geopolitical tensions stemming from North Korea’s possible nuclear test, discord between two of the most powerful Middle Eastern countries, and the ongoing fear of terror attacks at home and abroad have all weighed on investor sentiment. Continued concerns arising from the slowdown of the Chinese economy have brought about volatile movements in globalShow MoreRelatedGraduation Speech : New Year, New Me2119 Words   |  9 PagesJanuary 6, 2016. â€Å"New year, new me,† I always said. Not this year, definitely not this year. January 6 2016, 10:45pm was the day my mom told me she had cancer. I can say without a twitch of my eye that this was for a fact, the worst day of my life. What is cancer really? Growing up I always thought it was just some sickness that always seemed to affect everybody around. 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