From SA to US – will the markets sprout?

2019 was a good year to be invested in the markets. Locally, we’re just hitting double-digit returns, which includes dividends, while Europe is up some 20% and the US, again, leads the way with the S&P 500 almost 25% higher for the year. It’s green all round, but a word of caution…

The US economic expansion is the longest on record and the return is the second-best, with the dotcom bubble of the 1990s the only better bull market – also remember in that bull market the Nasdaq doubled in value