FYI: U.S. stocks could deliver big gains in 2019 if history is any guide, and some companies have more potential to outperform than others, according to Goldman Sachs Group Inc.
The S&P 500 typically rebounds after declining 20 percent within a quarter, and historical precedents of policy concerns and late-cycle drawdowns show potential for major upside, strategists led by David Kostin wrote in a Jan. 11 note. The U.S. benchmark came to the brink of a bear market late December before ending 2018 down 6.2 percent after two years of gains.
Regards,
Ted
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