Last Week in Review: Nice Start to 2020
The new year and new decade started, and good news, some things don’t change. Stocks picked up right where they left off in 2019 by touching all-time highs. And Bonds, which also performed well in 2019, continue to hover near three-year highs, keeping home loan rates near 3-year lows.
Many are wondering how the economy and markets will perform in 2020. So, for that reason, here are 3 trends to follow:
Bottom line: absent of a Black Swan event or unforeseen negative surprise, 2020 is shaping up to be a great year for housing and the U.S. economy, with the labor market strong, wages rising, inflation muted, and interest rates low.
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