Investment Strategist Says It's Time for a Defensive Approach
by Anne Kates Smith, Executive Editor, Kiplinger's Personal Finance
Jun 06, 2019
3 minutes
Brian Nick is the chief investment strategist for Nuveen, a global investment management firm.
Where do you see the U.S. stock market heading for the remainder of 2019? Investors have enjoyed a 15% gain from the U.S. market already this year. It's reasonable to expect something close to that for the calendar year. I'd expect the climb from here will be a lot tougher, and less steep. Choppy and frustrating are two words we'd use to describe the market. We see Standard & Poor's 500-stock index ending the year between 2850 and 2900.
How should investors
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