2011 was far from dull. We saw the year that began with a revolutionary wave of demonstrations and protests occurring in the Arab world, a spike and then a large drop in both oil and gold prices, the Tohoku earthquake and tsunami in Japan, Osama bin Laden's death, sovereign debt contagion in the eurozone, the debt ceiling negotiation debacle, a Standard & Poor's downgrade of the AAA debt rating for the U.S., epic flooding in Thailand, Occupy Wall Street, and the start of the 2012 presidential campaign.
We were optimistic and we were fearful, but when the final bell rang on 2011, the S&P 500 closed flat on the year. I will be posting my thoughts on what to expect in 2012, but for now I will leave you with the following video from Reuters, a look back at 2011 in 60 seconds:
Saturday, December 31, 2011
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