if 2018 defied expectations, 2019 may just be the year the industry takes control of its own destiny back. Here’s the top trends we see ahead.
Wells Fargo estimates defined-benefit pension plans for U.S. corporations needed to shift around $64 billion into stocks before the end of the year.
The corresponding decline in short-end Treasury rates has staved off an inversion in the yield curve, which was very much on the market’s radar.
As strategists at some of the world’s biggest money managers turn to 2019, they warn that returns could be muted and investors must be selective.