Category: Investments

Author: Tim Courtney

Teleconference Preview: What to Expect from the Markets in 2020

Date: 01/03/20

Weekly Commentary January 3, 2020


Teleconference Preview: What to Expect from the Markets in 2020
By Tim Courtney, Chief Investment Officer


2019 was a solid year for the markets, with most primary asset classes generating positive returns. Broad market equities were up between 18 to 36 percent, bonds were up between 4 and 14 percent and real estate was up between 22 and 28 percent as of Dec. 31.1 Even commodities, which have had a rough five years, broadly posted gains of between 7 and 15 percent.1


Investors entered 2019 with anxiety and doubt following a poor ending to 2018. The market was concerned about risks of a recession, increasing interest rates and worsening global trade tensions. By the end of the year, these risks were greatly reduced. While there are still some concerns of a recession in the back of investors’ minds, it has thus far been kept at bay and recent data is showing no clear signs of a weakening.2


For a more thorough review of 2019 and our outlook for markets in 2020 – including a discussion on how the upcoming elections could impact markets – please join us for Exencial’s first teleconference of the year taking place on Thursday, January 23 at 11:00 a.m. central.


Register for the teleconference here, and feel free to submit any questions you have ahead of time to tcourtney@exencialwealth.com. We will do our best to address all inquires during the Q&A portion of the call. 


Sources:

1. Morningstar Direct – Data for Bloomberg Barclays 1-3 Year Treasury TR Index, Bloomberg Barclays US Aggregate Bond TR Index, Bloomberg Barclays US Corporate High Yield TR Index, Russell 1000 Growth TR Index, S&P 500 TR Index, Russell 2000 TR Index, MSCI EAFE NR USD Index, MSCI Emerging Markets NR USD Index, FTSE Nareit All Equity REIT TR Index, S&P Global ex-US Property TR Index, iShares S&P GSCI Commodity Indexed Trust GSG and iPath Bloomberg Commodity TR ETN DJP.
2. Bloomberg – U.S. recession odds steady as stocks reach fresh record

 

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About the author

4054781971

tcourtney@exencialwealth.com

Oklahoma City, Ok

Chief Investment Officer

Tim Courtney serves as Chief Investment Officer of Exencial Wealth Advisors and chairs the investment committee. He attained the Certified Investment Management Analyst (CIMA) designation in 2005 a... CLICK HERE TO READ MORE