Asbury Research’s Chief Market Strategist John Kosar, CMT®, returns to update his January 2020 annual investment outlook for Fidelity Investments. In mid-January, John said the U.S. stock market was technically overextended while entering a period of seasonal weakness through February. He warned that a bearish reversal amid those conditions would be the potential beginning of an overdue and potentially significant corrective decline. You can expect John’s mid-year update to provide the usual comprehensive, under-the-hood look at the U.S. financial landscape — with a special focus on managing risk and protecting capital amid a global pandemic.
The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The experts are not employed by Fidelity but may receive compensation from Fidelity for their services.
Asbury Research and Fidelity Investments are independent entities and are not legally affiliated.