2019: Year in Review

2019: Year in Review

Markets:

2019 The Year in ReviewThe year 2019 was by all measures a great year for investors, although few people predicted the kind of returns that both the stock and bond market produced.  We began the year with the market pundits worrying about trade issues and the possibility of global slow-down and even a potential recession.  Well, investors that stayed on the sidelines because of these concerns clearly missed out on one of the best years in over 20 years.  There was not a global recession or a resulting bear market.  In fact, we did not even have a 10% intra-year decline.  The largest drawdown during the year was less than 7%.  What we did have was a market melt-up.  Read more