Good Morning,
Attached is the most recent Uncommon Sense piece from Mike Arone at SSGA. Mr. Arone explains what he believes will be three market surprises in 2019:
1.) Repeat of U.S. Fiscal Policy
2.) Financials will outperform the broader market
3.) Junk bonds will fail to rebound
As we start the year, investors will read hundreds, even thousands, of different market predictions for the year ahead. Even the smartest market prognosticators with the best track records get these types of things wrong, so Mike’s “surprises” provide an interesting take on forward looking projections.
Thank You,
Pete
Peter Malone, CFA
Research Analyst
Direct: 617.226.0030
Fax: 617.523.8118
Crestwood Advisors
One Liberty Square
Suite 500
Boston, MA 02109