There is much discussion about portfolio positioning and considerations for late cycle investing. Many of us would love a crystal ball, but alas, we don’t have one. We are left to carefully weigh facts to help us make educated decisions and calculated risks with the information available to us.
2018 was the weakest year for global markets since the great financial crisis in 2008.
It has been said that retail investors, if left to their own devices will often behave in the opposite direction they should.
As 2018 has drawn to a close, it’s natural to reflect on the year’s challenges—in both the equity and fixed income markets around the world.
During the last several weeks we have seen the return of market volatility and experienced some of the largest market fluctuations we’ve seen in a couple years.