The Independent Market Observer

Market Thoughts for January 2020 [Video]

Posted by Brad McMillan, CFA®, CFP®

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This entry was posted on Jan 2, 2020 3:16:13 PM

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We closed out the year and the decade on a burst of strength. December was a great month, and it capped a great 2019. U.S. markets were up more than 2 percent and, in some cases, considerably more than that. For the year, they were up more than 20 percent. International markets also had a strong year. In December, job growth came in much better than expected, continuing a trend that has more and more people joining the labor force. For the ninth month in a row, both income and spending went up. The housing sector did very well, and there’s a lot of confidence baked into that. So, December was a great handoff to 2020.

But, with an election coming up and the trade war a factor, how great are the risks ahead? Stay tuned to my latest Market Thoughts video to find out.

 


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