Lower global growth is likely in 2019, but recessionary fears are misplaced.
The market cycle shows no signs of ending any time soon, despite the inverted yield curve.
The U.S. Federal Reserve capitulates on raising interest rates.
Investors who reacted quickly to late 2018 volatility may be regretting their hastiness.
Negative years are rare but there’s little to suggest larger problems loom.
The death cross may be a confirming buy signal for FANG stocks.
The market environment may seem similar, but today’s conditions are much more favorable.
We think the market may have appropriately responded to excessive expectations for U.S. growth.
The playbook offers our views on where investors can find income today.