2019 was an extraordinary year for capital markets.
US equities are up nearly 40% since Christmas Day in 2018, while global risk assets as a whole had their best year in nearly two decades. However, the results of 2019 are unusual, and it is important to remain cognizant of that when reviewing your investment portfolio. It’s also important to understand that attempting to time the market often results in missing opportunities to be a part of years like we experienced in 2019.