(Bloomberg) This year is ending with something of a bang as the on-again-off-again trade war sends ripples through global stock indexes. There’s a growing risk, though, that financial markets will end up whimpering through 2019 as a slowing global economy and heightened geopolitical concerns conspire to leave markets becalmed – making life even harder for the hedge-fund crowd. The most recent consensus forecast among strategists surveyed by Bloomberg is for the S&P 500 Index to eke out a gain of just 3.87 percent in 2019. That’s based on expectations for a year-end value of 3,056 compared with the 2,942 they’re predicting for the end of December.
Hedge Funds Should Fear Market Whimpers, Not Bangs
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