Markets Choppiness Might Continue Into 2019
Markets Choppiness Might Continue Into 2019
Stocks were up Monday on the news of a US-China trade truce. But it may be tough for this aging bull market to keep powering ahead for much longer — even if China and the US reach an actual agreement.
Earnings growth north of 20% for the S&P 500 has helped power the market in 2018. But profit growth is expected to slow to less than 10% in 2019.
The series of interest rate hikes by the Federal…
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