Navigation MenuCategories Menu
Year in Review Letter

Year in Review Letter

Posted by on Jan 19, 2016

Hennings Financial would like to “Thank You” for your continued Friendship, Loyalty, and Trust. We wish you all the best in the coming new year. Without dismissing the issues we are facing around the world, we are greatly optimistic about the future.

Here is a brief overview of last year’s markets.

Four macroeconomic factors cast a shadow over the markets in 2015:

  • The uncertainty of the interest rate increase by the Federal Reserve Board that finally materialized in December.
  • The impact on corporate profits from oil prices that fell by over 30%.
  • A rising U.S. dollar.
  • Questions about growth in China.

All of this culminated into stock prices being more volatile in 2015. After a relatively quiet first half, concerns about Chinese growth led to a sharp decline in stock prices in the third quarter. The fourth quarter saw a recovery sufficient to leave the US stock market slightly positive for the year.

However, outside the US the same could not be said. The “MSCI World ex USA Index” in 2015 had a negative return of -3.04%

All that being said, here is why we are optimistic moving forward. With all the challenges (both real and unreal) the US is facing, our economy grew. We won’t know the exact number until fourth quarter numbers come out at the end of January, but the expectation is for 2015 GDP to be at 2%.

Is that a reason to jump up and do a backflip?

No, but as we’ve been stating for some time now, we are in a “plow horse” economy and any positive news is positive news. The International Monetary Fund (IMF) is projecting that our economy will pick up modestly this year, due in part to low energy prices and an improving housing market.

No one can predict short-term market movements, but we expect continued volatility within the markets. Hence, now is the time to either address or readdress your Risk Profile and Financial Roadmap. Please don’t hesitate to give us a call and visit our website ( for continued updates.

Wishing you all the BEST –

Barb Hennings    Kent Hennings   Terry Schwandt

Kent W. Hennings Attends Cambridge Signature Club 2017
How Women Can Narrow the Retirement Saving Gender Gap

Our Services

Tax Management
Investment Management
Retirement Strategies
Investment Estate Conservation
Insurance & Annuity Products

Live for today.

Save for tomorrow.

We'll give you the confidence to execute a financial program that fits your needs.

Get Money Smart.

Partner with Hennings!

Partner with the professionals at Hennings to help build your wealth and put yourself on the
road to the future you want.
Call us today!