FYI: The S&P closed less than 1% away from the September 2018 high of 2,930.75 on Tuesday, but some investors are still skittish. At the end of 2018, the index experienced its worst quarter in seven years after tumbling on concerns about global economic growth, reports The Wall Street Journal. This was followed by its best quarter in six years, during which the index gained 16%.
Yet, last year’s volatility still seems to be on the minds of some investors. According to the Journal, “investors have poured a record amount of cash into so-called smart funds that try to protect against another downturn.”
Regards,
Ted
http://investwithanedge.com/weekly-edge-as-sp-nears-highs-investors-remain-wary
