The U.S. stock market had an interesting 2016, to say the least, culminating with a Trump presidency and a late-year rally.
But despite what felt like plenty of volatility, 2016 was one of the calmest equity markets in years. JPMorgan Chase strategists Dubravko Lakos-Bujas and Marko Kolanovic predicted the tranquility that transpired:
“Risks for equities in 2017 are higher compared to 2016. We expect an increased level of geopolitical risk and increased uncertainties related to the new U.S. administration.”
It feels 2017 will be somewhat similar, albeit with some bouts of volatility thrown in for good measure. For what it’s worth, JPM expects the S&P 500 to gain 8% next year — slightly less than the index’s performance with a month to go in 2016.
The index is on the verge of double-digit returns — something it has done five times in the past decade, including three years in a row between 2012 and 2014. You don’t get there without some monumental successes throughout various reaches of the stock market.
The S&P 500 and other stock market indices might be on pace for an above-average performance, but these 10 stock market performances from 2016 are simply excellent: