Market Outlook and Defensive Stocks
CNBC is reporting that Goldman Sachs’ is not bullish on stocks for 2019. They are also reporting a 30% chance that investor worries of recession will drive the market down in 2019. Investors are risk since evaluations are quite high compared to historical norms and thus, it may be the right time to look into defensive stocks.
Larry Berman on Defensive Stocks
Once the yield curve inverts, the market will peak in about 6 months or so of that inversion.