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Google Play In a brief client note, David Kelly provided two “brief financial resolutions” he said investors should consider this year: 1. home country bias Kelly says that there is “the tendency of investors around the world to be over-invested in securities of their own country.” 2. Don’t focus on past performance Kelly says investors should not stuff their portfolios with assets that have previously had a stellar run but instead should look at “current valuations and future prospects.” directory“These valuations and prospects suggest more reasons for caution around U.S. stocks and optimism around international stocks than investors have demonstrated over the last few years and particularly over the last few weeks,” he said. The FTSE 100, Britain’s benchmark share index, hit a fresh closing high on the final trading day of 2016, marking the third time in three days in which the index had broken all-time highs . Google Finance In the US, the S&P 500 was up over 10% across the year: Markets Insider “Investors reflecting upon a politically tumultuous 2016 should actually be fairly pleased by the returns that global asset markets have delivered,” Kelly said. “Global equities rose around 10% (with small caps far exceeding that) and global bonds eked out a modest return.” Here is the chart from JPMAM: JPMAM Stocks in particular have performed strongly over the past year despite political upheaval from the Brexit vote, the election of a new US president, and a flurry of new elections happening across Europe. Kelly said commodities had been a key driver for the markets despite the shift in the political landscape. “A bounce in commodity prices has been a key driver for markets, helping emerging market equities and allowing credit markets to recover from the distressed levels seen a year ago,” Kelly said. “The resilience of economic growth has also been important, pushing unemployment rates in most major countries below the levels at which they started 2016. Food for thought as we ponder an action-packed 2017.”

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Seung-Whan Choi’s lawsuit, filed Tuesday in U.S. District Court in Chicago, claims that after the Korean-born U.S. citizen was fired from his tenure-track position at UIC in 2011 and reinstated months later, he experienced years of discrimination and retaliation due to his race and national origin. Choi alleges that he was ostracized and denied raises comparable to his peers in the department of political science. Choi also said he was forced to teach courses in statistics for which he is not qualified because, one department official said, “Asians, especially Koreans are very good at mathematics and statistics,” according to court documents. Additionally, Choi claims in court documents that he was forced to teach a course in Korean politics, despite having no formal education in the field. In 2015, then-department head Dennis Judd changed an undergraduate student’s grades without consultation with Choi, the suit says. When Choi asked Judd about it, the lawsuit alleges that Judd said Choi, “as a foreigner, has to keep in mind who he is dealing with and what he is wishing for,” and that Judd “knows that many Koreans are stubborn and do not understand American culture of compromise when dealing with their boss.” Among other complaints, Choi also alleges he was wrongfully accused of being lacking in academic contributions and not providing sufficient service to the department, and was denied a promotion to full professor, according to the lawsuit. UIC’s website lists books published by Choi in 2005 and 2016, and a nine-page curriculum vitae with several citations.

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tips for curriculum vitae

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