What’s Your Crystal Ball Say?
We wanted to know where the S&P 500 would be by year-end, and the Invstr community has spoken! Most see the stock market surviving trade tensions and breaking through its recent slow form, but safe havens remain within easy reach. You guys are usually ahead of the curve, so perhaps the US is still the place to invest!
However, we’ve all heard the counterargument. Trump’s trade war has prevented investors from really enjoying the euphoria of a 10-year bull run, and a slew of unprofitable new companies also haven’t helped. With bonds offering a pittance, market players who fear the worst may turn to defensive stocks like utilities due to their stable revenues.
Investing further afield is also a viable option. Emerging markets are picking up the slack of Europe and other so-called “advanced economies,” cloning their free-market principles and hoping their cultures can handle it. A bit of international diversification never harmed anyone!