The S&P 500 is up more than 25% and counting. Treasurys also soared in 2019. Oil, gold and corporate bonds all scored double-digit returns.
Only 64 names in the S&P 500, or 12%, are in the red this year. All 11 S&P 500 sectors are ending the year with positive returns.
“What a year for the stock market,” says Matthew Maley, chief market strategist at Miller Tabak. “One reason why the consensus believes the stock market can hold up next year has to do with the belief that interest rates will remain low.”
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