U.S. will set a record for longest economic period of growth in July 2019. Not entering a recession though probability rising. Household net worth is at an all time high. Household debt service ratio at 35 year lows. Unemployment at 40 year lows. Wages rising. Though corporate balance sheets worsening.
2018 started and ended the same way – volatile. After the first 18 trading days of 2018, the S&P 500 had climbed 7.45%. In the last 18 trading days of the year, the S&P 500 fell 7.16%, and that was pretty much the end of the similarities between the two time periods.