Worries about China's Economy Lead to Weak Market Results

One of the biggest developments during the first quarter of 2016 was that the U.S. dollar weakened as the Euro and other currencies appreciated. This drove oil prices up, but they have a long way to go before they reach $100 a barrel again. The markets became concerned over falling GDP growth in China in January. Because China is the second-largest trading partner of the U.S., any shock to the Chinese economy creates waves for the U.S. economy.

For more information about how the markets fared in the first quarter and my outlook for the rest of 2016, read my latest Investment Overview.