2019 Market Outlook

December 20, 2018

Many narratives have yet to unfold in 2019, including the effect of a divided U.S. government on domestic economic decisions, the impact of international trade tensions as a result of tariffs, and overall global economic growth that may be decelerating.

With all these moving parts in play, we’ve entitled this issue of our 2019 Outlook, “Pushing Forward,” which promotes the idea that powering through the market’s dips and turns will require superior investment savvy along the way. 2019 will be a year to consult with your investment advisor and to rebalance portfolio assets as appropriate..

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Past performance is no guarantee of future results, and the opinions and other information in the Market Outlook are as of December 20, 2018. The Market Outlook is a special report designed to provide investment information on economic markets for Commerce Trust Company’s clients. It is intended to provide general information only and reflects the opinions of the Commerce Trust Company Investment Policy Committee.

This material is not a recommendation of any particular security, is not based on any particular financial situation or need, and is not intended to replace the advice of a qualified attorney, tax advisor, or investment professional. Diversification does not guarantee a profit or protect against all risk. Commerce Trust does not provide tax advice or legal advice to clients. Consult a tax specialist regarding tax implications related to any product and specific financial situations.