Brad McMillan, Commonwealth’s CIO, provides his 2019 market outlook. As we approach the new year, hiring is strong and both business and consumer confidence remain high. With these solid fundamentals, the financial markets are likely to respond. Earnings should go up, so we should expect to see rising stock prices as well. Of course, there are always worries, including political concerns in the U.S. We may also see slowing growth. All in all, the year ahead looks to be much like earlier years in the cycle. But the name of the game in 2019? Solid fundamentals and, very likely, solid markets.
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