U.S. economic growth has slowed in 2019. However, the economy is still growing, and we believe it will continue growing through 2020. As we highlighted in our Outlook 2020: Bringing Markets Into Focus, we’re projecting real GDP growth of 1.75% in 2020, slightly below average for this economic expansion.
Month: December 2019
U.S. stocks eked out a small weekly gain, based on the S&P 500 Index, thanks to Friday’s rally on the November jobs report.
Market momentum, global participation, and technical support all provide reasons to think gains may not be over for 2019. While volatility is always possible, record highs need not be be feared, and seasonal tendencies may remain a tailwind.
U.S. stocks rose for the seventh time in eight weeks as investors took cues from a new batch of optimistic trade headlines.
