Stockmarkets: Happy New Year!

Stockmarkets had a good 2016. The S&P 500 rose by 10% over the 12 months and the Dow Jones by 13%. The FTSE 100 recovered from its Brexit wobbles to end 14% up; Russia’s RTS index soared after the election of Mr Trump to finish 52% higher; and Brazil’s Bovespa rose by 39%. But Italy’s main index fell by 10%, and China’s Shanghai Composite ended the year 12% lower.

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