Equities year ahead 2019: Grim outlook weighs on earnings but is the gloom justified?
Posted on January 3, 2019 at 12:22 pm GMTAfter a year that saw the S&P 500’s bull run become the longest in history and then abruptly end, giving way to a steep correction, investors are increasingly nervous that 2019 may be an even more challenging period as the US economic cycle appears to be nearing its final stages. Global central banks are withdrawing stimulus at a time when growth is moderating to more normal levels and geopolitical risks linger. Hence, volatility is set to remain elevated, and while [..]