The 2020 market likely comes down to valuation - which in turn might hinge on whether long-term interest rate expectations imply a re-rating in equities.
Risks abound, but I expect U.S. stocks will climb the proverbial 'wall of worry', albeit with some possible stumbles along the way.
November elections look like a potential curveball.
For the most part, I expect 2020 to be more of the same for U.S. stocks. There's a strong case that the bull market can and should come to an end, and the risks are