10 for ’20: Advisors Asset Management’s Best Ideas for 2020
The markets had a tremendous 2019. The year proved to be very positive for the investor who defied the last part of 2018 and maintained their bullish stance on risk assets…and “non-risk” assets. In 2019, we saw several significant events that confirmed the market’s ability to climb a wall of worry, yet increased anxiety that the end may be near. As Mark Twain has said, “I’ve had a lot of worries in my life, most of which never happened.”
We are currently in the midst of the longest bull market in history, as well as the longest US economic expansion. While we remain vigilant in watching for signs of an imminent recession, we don’t see any yet. In fact, let’s take a closer look at several fundamentals that underscore our belief that any recession warnings are premature, and the US will not see a recession until at least 2021
This commentary is provided for informational purposes only. The indexes referenced in this publication are not available for direct investment. It is not an offer or solicitation of an offer to buy or sell any product or service. Unless otherwise stated, all information and opinions contained in this publication were produced by Advisors Asset Management, Inc. (AAM) and other sources believed by AAM to be accurate and reliable. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications. All expressions of opinions are as of December 7, 2019 and are subject to change without notice.
All AAM employees, including research associates, receive compensation that is based in part upon the overall performance of the firm. AAM may make a market in or have other financial interests in any given sector or security with which this analysis suggests may be benefited from its conclusions. Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Past performance does not guarantee future performance. Chart/Graph Disclosure: The charts/graphs included in this publication do not reflect past or current recommendations made by AAM, “they” should be considered an academic treatment of empirical data and should not be used to predict security prices or market levels. Any suggestion of cause and effect or of the predictability of economic cycles or investment cycles is unintentional. 10 for 2020 was created