What I learned in 2016, for sure will help me in 2017. Politics has been wacky, my deals were a bit wacky now that I look back at them. Seems like everything is changing a but faster, or I am just slowing down more maybe. Companies are have issues such as exploding cell phones or e-smokes. drug companies at least two of them raised there prices for no real good reason on their product by about 400% the other 1500%.
So I walk away with 2016 telling myself expect the unexpected. Expect sudden change and other road blocks. With President Elect Trump I already see sudden changes. He managed to seat his entire cabinet and many other positions in a few short weeks. The stock market has been riding a bottle rocket in the past few weeks. Stocks are going up as well as bonds ( not a normal pattern ), and of course interest rates are inching higher. Janet Yellen is saying that 2017 may have 2-3 rate hikes.
I'm not yet ready to jump on the band wagon that 2017 will be a barn burner of a year yet. I will admit I am a bit nervous, too much, too fast to digest. For sure with interest rates on a up tick Buyers will find they have less money to buy with. Too many change in a short period of time my cause buyer to be cautious, to see what the future will look like before making a decision. I a bit more cautious in my comments now days.
I have even read that a few economist feel that the economy will be slow until 2023. What do you think 2017 and the future will look like. Are we moving too fast ?