Principled Thoughts

Year-End Market Commentary and 2019 Market Outlook and Predictions


In 2018, investors faced a year of heightened volatility (corrections in January and February, and again through the 4th quarter) in which fundamentals were at odds with general sentiment and overall market performance.  During the year, we saw markets reach record highs, the economy expand at rates not seen in many years, unemployment reach a 50-year low, wage growth continue to rise, and corporate profits surge.  However, despite strong fundamentals, headlines drove the markets and stock prices fell into correction territory on uncertainties surrounding a trade war and the government shutdown–and on fears that a global growth slowdown may lead to a recession.  As we enter 2019, we are not questioning whether or not equities can (and should) move higher based on solid underlying fundamentals, but rather whether growing uncertainty and fear are what will drive the markets.

Last week, we took a look into our crystal ball (of analysis that is) to make our predictions as to what may be ahead for 2019.  Check out our 2019 Market Outlook!


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This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.