While everyone is probably tired of hearing about the new US president-elect, his inauguration will be the event that will continue to dominate the headlines and may have a few lasting effects on the financial world. The inauguration day will be headlined by Jackie Evancho (the 16-year-old America’s Got Talent runner up, for those who do not know), 3 Doors Down, and Toby Keith. This is after many performers turned down the invitation to be at the event fearing the backlash that may come from it. The rest of the agenda will include a farewell to the previous President, taking of the oaths, and the presidential address.
It was an eventful 2016 with many investors worrying about the state of the market in January and then absolute bliss post-Trump election. We will review this year’s top stories and what impact it had and could have in the future.
Some memorable events in 2016 were…
- China’s manufacturing triggering a mass worldwide sell-off in early 2016.
- The infamous BREXIT where the majority of the United Kingdom decided to leave the European Union.
- An underdog celebrity candidate became the next elected U.S. President and which promises vows to keep.
- Oil’s recovery and OPEC providing a glimmer of hope to capping production after a disastrous 2015. Lastly, the vote of confidence from the Federal Reserve in the way of raising rates by 0.25% round-up our major headlines.