As we look back on the year of surprises, it’s natural to wonder what to expect in 2017. As 2016 showed and has been illustrated time and time again over history, we cannot predict how the markets will respond to world events or to market indices reaching new milestones. But we can control how we respond and we can position ourselves to make the most of whatever the future will hold.
Instead of getting too hung up on the forecasts from pundits, prognosticators or politicians, perhaps we should take a moment to pause and celebrate the force that has been the primary driver of our financial markets over the long run: human enterprise.
Our capital markets are, at heart, a place for people to participate in the business of being human. We express our humanity in the ways we choose to invest and the investments we choose to make. Based on the millennia of evidence to date, whenever we come together to invest in buildings and businesses, sales and services, hopes and dreams – we have collectively come out ahead. When we remember that the markets are comprised of billions of people and trillions of dollars, coming together to build innovative new services and solutions; all financed by people like us participating in our global capital markets, we are reminded of why the future is so promising.