Headlines in 2019 were dominated by trade wars, astronomical valuation multiples for some technology stocks, the long-awaited correction (and unexpected recovery) in housing across Australia and New Zealand, and importantly – central banks around the globe drastically changing their stance on interest rates; lowering rates to keep the economy and markets moving forward.
This was a major difference to 2018, which saw monetary policy tightening.
See more of Hamesh's article here
