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Thursday, 01/07/2016 8:58:23 AM

Thursday, January 07, 2016 8:58:23 AM

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FWIW, anyone who has wide diversification in the broader market now, I will wish you best of luck. Rough times ahead as 2016 will be a huge test of confidence. Initially everything gets hit, then the move to equities and sectors that will be seen as safe havens. Biotech, Consumer Staples, Healthcare and Discount Retailers are areas I usually look to during these times. In the initial stages, everything gets hit and falls. Money then finds its way to areas that must be used by people if not for anything else but survival. Food, Medicine and Heathcare are survival needs. It will get very very ugly first. Until people realize that the earth is not coming to an end, panic will rule the day. Best of luck to everyone. Hang in there.
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