Although the temptation this month was to take on the subject dominating the news, the 2016 presidential election, I decided that anything I could add to that discussion would be pure speculation and of questionable benefit to our readers. I'll leave that debate to the pundits and prognosticators. For the latest discussion from an investor's perspective, I would refer you to this week's cover story in Barron's ... it has an interesting conclusion. Thus far in 2016, the markets have tried to please (and frustrate) all investors, both the bulls and the bears. January was a winner for the bears who were positioned for a recession, as we saw an 11% market decline followed by a strong rally to en
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