1887

n finweek - Simon says - marketplace

Volume 2019 Number 22
  • ISSN : 1812-4658

Abstract

2019 was a good year to be invested in the markets. Locally, we’re just hitting doubledigit returns, which includes dividends, while Europe is up some 20% and the US, again, leads the way with the S&P 500 almost 25% higher for the year. It’s green all round, but a word of caution… The US economic expansion is the longest on record and the return is the second-best, with the dotcom bubble of the 1990s the only better bull market – also remember in that bull market the Nasdaq doubled in value in 1999. The problem is that nothing keeps rising forever and, at some point, the US economy and market needs to contract, or at least slow down.

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/content/journal/10520/EJC-19e6923ce6
2019-12-12
2020-09-28

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