Frank Holmes’ 2019 Market Outlook
On Kitco News' special 2019 outlook series Frank Holmes shared his thoughts on what the market might expect to see in the New Year.
On Kitco News’ special 2019 outlook series Frank Holmes shared his thoughts on what the market might expect to see in the New Year. Frank believes that the trade war will have a resolution by the first quarter next year, the global purchasing manager’s index (PMI) will bottom and stock market volatility will continue. Additionally, Frank says gold could shine again as “we’re back to the real world” of interest rates being above zero.
For Frank’s full outlook, watch the interview below!
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
The S&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies by market value.