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

When to get defensive. No one knows when we will get into recession. We are late in the cycle and the yield curve is flattening. Once it inverts, the market will peak in about 6 months or so of that inversion. There is not a perfect inversion.

Once the yield curve inverts, the market will peak in about 6 months or so of that inversion.