FYI: The stock market will rally between now and the end of the year.
But that doesn’t mean there will be the “year-end rally” that many advisers have begun telling their clients to expect.
This is an important distinction because the advisers who have been forecasting such a rally have something in mind that is above and beyond the trivial truth that the market will at some point and to some extent rally. And although these advisers don’t bother to precisely define their “year-end rally,” none of the definitions I have analyzed stands up to historical scrutiny.
Regards,
Ted
https://www.marketwatch.com/story/how-big-a-year-end-stock-market-rally-to-expect-this-year-2019-10-18/print
