Clear Eyes, Steady Hands Click to View PDF Version Executive Summary: We think 2019 will be a positive year for stocks but expect continued market volatility We expect one rate hike from the Federal Reserve in 2019 We do not expect a recession in the United States in 2019 or 2020 We expect a short-term resolution on trade tensions Bottom Line Up Front: A good […]
More Reasons To Be Optimistic Click to View PDF Version Bottom Line Up Front: Rising interest rates and escalating trade tensions have contributed to an increase in equity volatility during the first half in 2018. This will most likely continue until (and after) the November mid-term elections. Meanwhile, markets are expected to continue to […]
The U.S. stock market has been mostly smooth sailing and major stock indices are positive for the year. Meanwhile, we have had the lowest daily decline (the smallest maximum drawdown) in the history of the S&P 500 index.[2
In June, we suggested that the market would go down 5% before it would go up 10%.
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