Financial Planning Blog from Phillips Financial | Phillips Wealth Planners - Part 13

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Market Recap – 2019 Starts off Strong

After a year of mixed market signals, domestic equity markets started 2019 off fairly strong based on fourth-quarter earnings and lower unemployment figures.

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Market Recap – A year of mixed (market) signals

While the global equity markets enjoyed one of their best years in 2017, 2018 offered a different story, bookended by early- and late-year volatility. The last week in December, for example, saw stocks attempt a rebound from the edge of bear market territory. According to Bloomberg data, it was the first time since May 2010 that the S&P 500 had posted such a large reversal.