2019 Market Outlook

April 3, 2019

At the beginning of each year, we outline our expectations as we look forward. In July 2018, we raised a flag of caution with our Five-Themes Mid-Year Update, Mounting Pressure. While we make no claim in our ability to forecast market conditions only six months forward, the end of the year did validate our warning to some degree and a more cautious risk-taking approach was prudent as economic expectations moderated.