IN 2019, THE MARKETS PARTIED AS IF IT WERE 1999

IN 2019, THE MARKETS PARTIED AS IF IT WERE 1999 BY NICOLAS PERRIN for Gold Broker

At the beginning of 2019, as after every annus horribilis, forecasters were cautious-even pessimistic. There was plenty on the menu, since the menu was made up of increased volatility on the financial markets (down as much as 20% on the S&P 500 in the last quarter of 2018), increased trade tensions -particularly between the United States and China-, uncertainty over Brexit, and above all, a slowdown in the world economy.

However, 2019 showed that whatever the ingredients of the anxiety-provoking cocktail, for the time being, stakeholders have maintained their confidence in central banks since they abandoned their desire for “normalization”.

With this major theme of 2018 thus relegated to the drawers of the major monetary planners, 2019 may be remembered as a year where everyone wins.

2019: ALL LIGHTS GREEN

Virtually all major asset classes saw their valuations increase.

Stocks, bonds, real estate, gold and mining: absolutely all the lights are green on the 100 largest US ETFs, which is about the opposite of what happened in 2018.

With a few exceptions, regardless of the country in which you purchased shares on January 1, 2019, by December 31, you have won.

In fact, unless you took a position on natural gas, you couldn’t lose.

 

HISTORICALLY OUTSTANDING PERFORMANCE

Special mention to the S&P 500, which recorded its 2nd best performance in more than 20 years…

…by stringing together a series of 35 historical highs, for a total of 242 over the 2010-2019 decade.

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Gold Broker

Goldbroker was founded by French investor and entrepreneur Fabrice Drouin Ristori. He graduated from Kedge Business School in France in 2004 before moving to Malta to develop two companies specialized in the online gaming sector when the European gaming market was about to open. After selling both companies he started his own private investment company, FDR Capital Ltd, and quickly started to invest in physical gold and silver (2008). He specialized in analyzing the gold and silver markets and started to publish analysis.