Market Outlook: 4Q19

Investors have been exposed to stock market risk for a year but have
precious little to show for it, other than a tremendous amount of volatility.

Investors continue to face a good news/bad news situation in the stock market. Yes, the S&P 500 returned 20.55% for the first nine months of 2019, a stellar result by any measure. The problem is that the S&P is up just 1% from where it was last September. So, investors have been exposed to stock market risk for a year but have precious little to show for it, other than a tremendous amount of volatility.

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