What a week it has been. Capital markets have traveled on a roller coaster ride since the early morning hours on Wednesday following the U.S. Presidential election. As market events unfolded, the airwaves were filled with analysts, many of which were opining on all of the positives that would now follow in support of rising stock prices going forward. While it may be tempting to take action in your portfolio in the midst of such extreme market moves these last few days, it will continue to be best to proceed with caution. For all we have heard thus far is a chorus of dreams for the economy and markets sung by many so called experts. But as is almost always the case, the eventual reality may end up being quite different than the market nirvana some have been envisioning in recent days. And even if we eventually find ourselves in a new economic utopia, it is very likely to be a bumpy road along the way.
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