FYI: As my colleagues in the BlackRock Investment Institute make clear in the new 2019 outlook, markets are moving into a more challenging phase. We see slower global growth and corporate earnings in 2019, while the U.S. economy approaches the late stages of the business cycle. The bottom line is that balancing risk and returns is getting harder and we believe investors should consider building resilience into their portfolios.
That means identifying the risks ahead of time and planning appropriately is more important than ever as investors plan for the year ahead. The year 2018 was filled with geopolitical events that impacted markets, a trend likely to continue in 2019. However, valuations have reset and risk premiums are higher this time around. Being selective, as always, is key.
Regards,
Ted
https://www.blackrockblog.com/2018/12/21/2019-world-survey-country-risks/
