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Will the Market Surpass All-Time Highs?
At the start of 2019, the stock market saw one of its strongest first halves on record. The S&P 500 rose more than 17%, making it the best start of the year for the index since 1997. The markets have continued to rise in the 3rd quarter, even with trade tensions accelerating and the thought of a recession looming. According to the latest ABC News poll, 60% of Americans think a recession is coming in the next 12 months, resulting from declining global economies. Although many believe we will enter into an economic contraction, economists are confident the market will continue to hold out.