Why the market is still a good bet in 2019

Market ups and downs are going to continue in 2019. But investors who have the stomach for volatility could...

Posted: Jan. 15, 2019 10:45 PM
Updated: Jan. 15, 2019 10:45 PM

Market ups and downs are going to continue in 2019. But investors who have the stomach for volatility could still do well.

PNC Financial co-chief investment strategist Jeffrey Mills has been warning about volatility since early last year. His prescient prediction came while stocks were on a march toward all time highs.

Banking, finance and investments

Business, economy and trade

Financial markets and investing

Securities trading

Stock markets

Then, in September, fears about geopolitical trade tensions, Fed rate hikes and a narrowing yield curve converged to spark a sell-off and triggered the start of sustained, wild swings in stock prices. Many saw the beginning of a bear market.

But Mills recently said he still sees life in the bull market and plenty of opportunities for stock wins in 2019.

"I would still characterize this market as there's nothing to fear, but fear itself," he told CNBC in December "I'd say stay long, just make sure you have your seat belts fastened."

Mills will join CNN Business correspondent Alison Kosik on "Markets Now" on Wednesday to discuss capital expenditure and the biggest risks to the market today.

"Markets Now" streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by CNN's business correspondents, the 15-minute program features incisive commentary from experts.

You can watch "Markets Now" at CNN.com/MarketsNow from your desk or on your phone or tablet. If you can't catch the show live, check out highlights online and through the MarketsNow newsletter, delivered to your inbox every afternoon.

Article Comments

Terre Haute
Scattered Clouds
70° wxIcon
Hi: 84° Lo: 65°
Feels Like: 70°
Robinson
Broken Clouds
73° wxIcon
Hi: 82° Lo: 65°
Feels Like: 73°
Indianapolis
Overcast
70° wxIcon
Hi: 81° Lo: 63°
Feels Like: 70°
Rockville
Scattered Clouds
70° wxIcon
Hi: 82° Lo: 63°
Feels Like: 70°
Casey
Overcast
68° wxIcon
Hi: 82° Lo: 64°
Feels Like: 68°
Brazil
Broken Clouds
74° wxIcon
Hi: 83° Lo: 63°
Feels Like: 74°
Marshall
Scattered Clouds
70° wxIcon
Hi: 83° Lo: 64°
Feels Like: 70°
Warm & Humid. Weekend Storms.
WTHI Planner
WTHI Temps
WTHI Radar

Latest Video

Image

Sunday Morning Weather Update

Image

Honoring veterans this holiday weekend

Image

Saturday Morning Weather Update

Image

Friday Late Forecast

Image

Local drive-in set to hold fundraiser for animal rescue group

Image

You can "Fill the Boot" this weekend to help sick kids

Image

INDOT announces plans to close Vigo County road for a day next week

Image

A busy travel weekend ahead

Image

Hey Kevin from the Marshall Pool

Image

Off the Beaten Path: Race weekend for Marilynn Portemont

WTHI Events