Beyond fundamentals, the U.S. Presidential election looms as a short-term downside risk in the coming weeks and potentially beyond depending on the outcome. Markets will likely feel reassured that an uncertainty has been removed come November 8 regardless of the outcome.
The Greatest Risk For The Rest Of 2016 is the following: It is the constitutional referendum vote in Italy set for Sunday, December 4. The outcome has the very real potential to turn what was an isolated incident in the United Kingdom leaving the European Union suddenly into a trend.
Andy, you'd be among the world's greatest investors if you turned all your advice 180 degrees. As for me, I've still never shorted a stock in my life, or regretted that.
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