Riding the Bull Into 2020
2018 was a horrifying year in terms of the investment market. In a surprising turn, 2019 proved to be a much better year for investors. There’s never one way to predict what’s going to happen. That’s why it’s so important to have a Registered Investment Advisor firm like HCR Wealth Advisors in your corner.
Together with their clients, HCR Wealth Advisors hit the ground running with a close eye on the trends and current Innovations in the market.
Why Is Consumer Spending Continuing?
In 2019, consumer spending rose due to the low unemployment rate. As a result, the service sector boomed and is continuing. However, the manufacturing sector is at a low. Because the consumer is a foundational stake in the economy, their continued spending is a positive trend for the economy overall. A rise in consumer spending also exemplifies a bullishness, if you will, at the median level.
Who Can Predict the Decade?
No one can accurately predict the decade with 100% precision. However, HCR Wealth Advisors are in business to work stridently toward that mark. There are indexes and indicators in place that can predict the marketing trends that will continue, as well as the factors that will slow down and return to a normalized rate.
The CNN Fear & Greed Index is a tool that takes into account seven different marketing trends in order to weigh in. This is just one of the tools that the professionals at HCR Wealth Advisors could utilize in order to gain proper perspective on your investments. In terms of year 2019 this particular indicator displayed extreme brashness from investors. This lack of fear is referred to as bullish.
All clients are considered partners at HCR Wealth Advisors. You will gain confidence in who is planning and taking care of your wealth. At the same time, you will learn about the factors, trends and indicators that are in place to ensure your financial success.
This article is provided for informational purposes only and should not be interpreted as investment advice.