Investor’s don’t lack for issues to worry about. Foremost on the list are the FOMC and trade tensions with China. Issues that are less prominent but still meaningful include the potential waning of fiscal stimulus, a weaker housing market, automobile sales, consumer and corporate credit, geopolitical risks such as Brexit, the debt ceiling, and corporate tax rates. Investors’ fears have been magnified by the worst December stock market selloff since 1931. Provided this list of worries, you may be tempted to turn dour. In our 2019 Outlook, we explain why we believe the U.S. economy is in a late phase in the cycle, but not at the cycle’s end. We also will lay out the path forward for global economies.
Click here to read our outlook for the global economy and equity market performance in 2019.