The market outlook feels like it has improved a little over the last couple of weeks. There has been quite a bounce since the start of the year, the Fed has signalled more accommodating monetary policy and there seems to be progress of sorts in trade negotiations between the US and China. No doubt this is just a temporary high point before the volatility resumes, but it is starting to feel like the worst may be behind us (touch wood).
2018 was a tough year for many investors, including me. I’m disappointed that my portfolio is down 4% for the year. While this is somewhat better than the wider stock market, it is a weaker performance relative to my benchmarks than I have achieved for the past few years. This leaves me looking for lessons to learn from and questioning whether there is anything about my strategy I should adjust.