4th Quarter 2019 Market Commentary
We forecast S&P 500 will generate a modest single-digit absolute return in 2019. The risk-adjusted return will be less than half the long-term average. Cash
We forecast S&P 500 will generate a modest single-digit absolute return in 2019. The risk-adjusted return will be less than half the long-term average. Cash
Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.
Why worry about something that isn’t going to happen? – KGB Chairman Charkov Equity markets continued to rally during the second quarter, bringing the S&P
The stock market is designed to transfer money from the active to the patient – Warren Buffett The S&P 500’s 13.6% year-to-date gain nearly mirrored