FYI: The postelection stock market euphoria got a slight damper at the end of November as mutual fund investors realized global economies were still facing a lot of uncertainties, which could spur further volatility.
The S&P 500 soared to its high of 2213.35 on Nov. 25. It then gave back a small portion of its gains to end the month up 3.4%. Friday's positive job-market report helped equities tick back up as unemployment came in at a surprise 4.6%, the lowest level in nine years. With that, a Fed rate hike in December is nearly a certainty.
Regards,
Ted
http://www.investors.com/etfs-and-funds/mutual-funds/pros-sift-opportunities-after-stock-funds-ride-postelection-surge/
