The market surprised just about everyone post election, and while the Dow is continuing to soar, advisors should be prepared for what’s coming in the New Year.
“At IndexIQ, we don’t see any major disruptions in market growth, but we are anticipating some significant spikes in volatility and other hiccups throughout 2017—which means advisors should prepare their portfolios accordingly,” says Sal Bruno, CIO at IndexIQ. “There’s the fear that investors will fall into the old trap of ‘buying the rumor, and selling the news,’ which creates artificial spikes and inevitable losses.” IndexIQ provides high quality, cost-effective ETFs, mutual funds, separately managed accounts, and ETF model portfolios that are designed to open the door for all investors to access sophisticated investment products.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.