FYI: The S&P 500 rose more than 17% in the first half of 2019. That’s not just a good first-half return, it’s a great annual return. The average annual return for the S&P 500 for the last 87 years, excluding dividends, is about 8%.
Going into the second half of the year, investors have a lot to worry about: a slowing global economy, Federal Reserve decisions on interest rates, a still-simmering trade war, and a presidential election that is starting to heat up. With all that happening, and after such strong gains, maybe investors should take their profits and run.
That isn’t the best idea though, historically speaking. History says investors should actually get more greedy and expect positive returns in the second half of 2019.
Regards,
Ted
https://www.marketwatch.com/articles/the-stock-market-has-been-on-a-tear-history-says-its-time-to-get-greedy-51561971600?mod=barrons-on-marketwatch
Comments
All I see is skepticism!