Key Takeaways from a Year of Surprises

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January 05, 2018

Looking back, 2017 reinforced a key lesson for investors: While one can realistically gauge the prospects for long-term returns, markets often behave unpredictably in the short run. Fortunately, 2017 was a year of upside surprises—though it also reminds us of the need to prepare for a wide range of scenarios.