Why It May Be Downhill From Here for Stocks in 2019
- Most strategists see S&P 500 ending year below current levels
- Risks are to the downside and it’s time to take profits: JPM
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Summertime and the livin’ is easy, right? The market is near a record, President Donald Trump delivered a nugget of good news on the trade front, the labor market is thriving and the Federal Reserve is at least considering a rate cut.
And for all that, few of Wall Street’s denizens sound particularly optimistic.