After a wild 4th Quarter in the markets the S&P 500 index ended down -4.4 for the year, it’s worst return since 2008. As is usual, the short term outlook is murky. LPL Financial along with all other investment firms attempt to provide a bit longer view with their Annual Outlooks for the coming year. The consensus message remains the same, business and economic fundamentals still point towards the likelihood of growth and not an imminent recession. These fundamentals don’t always tell the whole story but they still remain the most reliable indication of the direction of the economy and market investments.
The following link is the executive summary of LPL Financial’s Outlook 2019 “FUNDAMENTAL: How to Focus on What Really Matters in the Markets”
Please contact us if you would like to receive a copy of the entire report.
Here’s to a prosperous 2019!
Jack Schniepp is a CERTIFIED FINANCIAL PLANNER™ (CFP®, ChFC®) and the owner of Cascade Financial Strategies. CFS is a registered investment advisor licensed in Oregon, California and Idaho. They specialize in socially responsible investing which integrates environmental, social, and corporate governance (ESG) criteria into portfolio construction.