How did we get here and where are we going?

Dec 24, 2019 | Jay Zhang


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.


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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