All-in-all, 2016 looks like another year of healing from the Panic of 2008. The bull market continues to run and the economy continues to grow. If we knew how to move assets each and every year to get the “best” returns, we would trade the market much more, and benefit. But, so-called “macrotraders” don’t win very often. As a result we stick with fundamentals, which say US stocks remain undervalued.