Ariel Investments January 2016 Commentary – The 2016 Presidential Race

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Ariel Investments January 2016 Commentary – The 2016 Presidential Race

Ariel Investments commentary for the month ended January 31, 2016.

H/T Dataroma

This January there have been two hot news topics: the volatile and declining stock market and the 2016 Presidential race. As for the market headlines, some report it as the worst open to a stock market year ever, but it certainly is not the worst January return in history. In politics, both primary races are more heavily contested than one would have imagined at first blush. Here, we have no desire to be partisan or to predict any outcome. Our point is simply to emphasize that while the stock market and the political arena might sizzle in the short term, only the long term really matters.

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