Outlook 2019-20: Is It Time to Buy or Bail?
Historical patterns leveraging the presidential cycle and seasonality point to the potential for double-digit gains for the S&P 500 during 2019, supported by the combination of EPS growth and inflationary expectations. What's more, despite the longevity of the current bull market, bulls don't die of old age. They die of fright and are most afraid of recession. Yet every Republican President since Teddy Roosevelt experienced a recession during his first term in office. Will history repeat, injecting renewed volatility, or will this bull market continue to charge ahead into the upcoming presidential election year? Sam Stovall will share CFRA's investment outlook for the market, and identify which sectors, sizes, and strategies are expected to outperform.