Randy Brown, the current Chief Investment Officer at my prior company where I spent 25 years, Sun Life Financial, posted some observations on Forbes that highlight the potential positive and negative factors to be aware of as we enter 2019. Nice list, without undo hyperbole or alarm. Well-balanced and thoughtful.
On balance, there are warning signs, but no reason yet to run for the hills. The recent stock sell-off has priced equities attractively and corporate bond spreads are reacting favorably with spreads lower than recent historic (indicating less concern about default risk). Trade could be a wild card.
For more detail, check out the full post here: