With December now in full swing, we want to wish all our readers a wonderful Christmas season and a Healthy, Prosperous and Happy New Year!
November 2019 – a Month for Investors to Cherish.
So far, 2019 is turning out to be a great year for investors, far better than what many anticipated during the near panic selling experienced in last year’s 4th quarter.
November was very generous, with major North American indices registering gains of 3.4 – 3.9%. The markets often rally into the new year.
This year, commentators have focused on FOMO (Fear of Missing Out) as institutional investors, who had raised cash or reduced their exposure to volatility in anticipation of weaker markets, panicked to reduce cash levels in fear of losing their bonuses or jobs (both of which are tied to performance). Read