No getting around it: August was a rollercoaster. Market volatility increased, understandably impacting investor confidence. So what do we have to look forward to in the near future – an upswing, a downswing, more of the same?
The U.S. unemployment rate is at a 50-year low, currently sitting at 3.8%. The economy seems to be firing on all cylinders, people are working and actually getting raises, and Democrats and Republicans are putting political differences aside for the betterment of the country.
OK, maybe only the first two are true … but two out of three isn’t bad. So what’s the problem?
Last month, I revisited a Business News Daily article published toward the end of 2018 that forecasted trends across the business landscape for the coming year, and offered my perspective based on the experiences I had in the first half of the year. Following is the remainder of the predictions, accompanied by my thoughts on how they’ve played out thus far.
If you are a fan of the mundane things in life, then 2018 was not your kind of investment year. On the other hand, if you thrive on the wild side, then the markets did their best to take you along on an adventure. A challenging year to say the least. The same might be said about 2019 once it is in the books.