2016: A Year of Surprises

As a real-time barometer of economic and financial anxiety, the double-digit plunge in global markets at the start of 2016 reflected nothing but pessimism on the part of investors. The US and global economy were slowing, oil prices were plunging, and overall sentiment was extremely negative. A year later, however, and everything has flipped: US markets are at record highs, the economy appears to be picking up, and investors are moving back towards euphoria. In our podcast today, Jim Puplava gives a recap on the major surprising events of the year and, as always, helps listeners to understand the Big Picture.

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