Let's Get Real.
James Dondero has over thirty years of experience in equity markets and credits. He is the Chief Executive Officer of Highland Capital Management and also the Co-founder. Mr. Dondero graduated with the highest honors from the University of Virginia; he had dual majors in finance and accounting from the McIntire School of Commerce.
Being a Certified Management Accountant, Jim attained the right to take advantage of the Chartered Financial Analyst designation. Mr. Dondero is a philanthropist who supports public policy, education and veteran’s affairs. James Dondero is the chairperson of CCS Medical, Nexbank and Cornerstone Healthcare. In the MGM studios and American Banknote, Jim is a board member.
In 1984, James Dondero started his solid career in the Morgan Guaranty program. He worked as the Corporate Bond Analyst between 1985 and 1989. Jim is said to be among the first starters of the Collateral Loan Obligation and in 1996 build one of the non-bank Collateral Loan Obligations.
Jim Dondero being one of the gurus in the finance and credit markets, he has joined the other experts in predicting the rise of 2016 share markets. The end of 2015 saw the stock market remain the way it began. Predictions show that the 2016 stock market could recover its fallen glory. You can see Jim and his team ring the closing bell for the NYSE below.
2016 equity market could rise in the following ways; the focus has been brought to risk because of growth in volatility and uncertainty. There was a slight crush in the stocks in August-October despite the real profits in the first six months of 2015. Its recovery from, the crush didn’t rebuild the faith of investors, and they have since remained uncertain about the future.
The new fear becomes the oil prices. When VIX took the platform as the fear indicator, it improved in both profit and amount as the shares advanced in the fourth quarter. This also didn’t improve the attitudes of stock buyers and sellers. It instead increased their fears. Goldman Sachs raised the worries by explaining why the oil prices could fall even lower. This was made worse by the Domino effect, who highlighted the possible hits on other areas of the economy and other countries worldwide.
The New Year could be prosperous because of the 2015’s small profits. With lots of unknowns, the market is in a good position for positive surprises. Despite the meager earnings and fall in the stocks in the previous year, there is hope and lots of positivity in the 2016 markets.
Main article source from http://www.forbes.com/sites/johntobey/2015/12/31/how-2015s-flat-stock-market-boosts-2016s-prospects/.