Welcome to The Fragreport. Our blog serves as an insightful resource covering markets, financial topics, culture and current affairs.
This month’s Monthly Market Commentary aims to review the financial market, provide an analysis of the situation at hand, and our outlook for the rest of 2020 as the market faces the greater impacts of the coronavirus (COVID-19).
This month’s market commentary features our outlook for 2020. In this edition, we review general market consensus forecasts for 2020 and compare them against our expectations for the year. Equity markets got off to a strong start to the new decade, with the S&P 500 adding more than 3% by mid-January on the back of stronger than expected early fourth quarter earnings reports.
US equity markets delivered their best returns since 2013. Easing of trade tensions, Fed policy, and clarity on Brexit helped investor sentiment in 2019. In our view, financial markets in 2020 may surprise to the upside.
November witnesses new all-time highs across all major market indexes. Economic and market news, in our view, is signaling positive direction for markets at year-end and into 2020.
