Below is a timeline of the major headlines in 2016 along with the price movement of the S&P 500. Some of the biggest events included a bear market in global stocks, Great Britain leaving the European Union, Donald Trump winning a poorly predicted US Presidential election and the second interest rate hike in a decade. Despite these headlines, overall market volatility continued to decline and the S&P 500 returned 11.96%. This year serves as a reminder that predicting macroeconomic events and how they will impact markets is extremely difficult.
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