How did we get here and where are we going?

December 25, 2019 | Jay Zhang


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To say 2019 was eventful is an understatement. And just because the market hit new highs this week is no reason to take things for granted. Yes, we like the set-up for U.S. equities, but there’s plenty for investors to think about.

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The equity market turbulence in May and late summer seems like a distant memory. Time—and especially gains—heal all wounds. What stands out now about 2019 are the strong rally since early October and well above-average year-to-date returns of most equity markets, with the U.S. leading the way.

 

 

Market pulse

  • 3 U.S. equities spread holiday cheer this year
  • 3 Canada’s household debt getting a bit more burdensome
  • 4 Boris Johnson flexing his political muscle
  • 4 Japan’s factories stuck in a slump

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