On July 12, 2018, I published an article titled "10 Great REITs to Own for the Next 10 Years." It did quite well for itself that midsummer day, catching a good bit of attention over the next week as well.
And why shouldn't it have when the markets were what they were last year? Investors were on the prowl for safety considering how things were going. It was an… interesting time for just about anyone with a U.S. company-filled portfolio.
What words can we use to describe 2018?
How about volatile…
Unpredictable…
Aggravating. Sometimes in the extreme.
A Whole Lot Going On
The analogy of calling the stock market a roller coaster is overused in the extreme. So I'm not going to bother using it right now. Besides, it doesn't really apply to 2018 anyway. It's hard to come up with a fitting, professional comparison for what the major U.S. indices did, so let's just turn to headlines instead:
On January 7, 2019, CNBC published a piece titled, "U.S. Stocks Post Worst Year in a Decade as the S&P 500 falls more than 6% in 2018."
The previous week (and the last day of 2018), CNN ran with, "2018 Was the Worst for Stocks in 10 Years."
And Fox Business got a bit more analytical with its presentation, featuring these three articles between December 27 and December 31:
- Trade War, Big Profits, Wild Swings: a Look at 2018 Markets
- Trade War, Profits, Marijuana: Markets Saw It All in 2018
- These 5 Factors Shaped Investing in 2018.
That last article acknowledged how the calendar year was:
…a wild ride for investors, featuring the most ups and downs that the stock market has seen in quite some time. There have been plenty of reasons for that, and investors have had to get
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