I trust you had a merry Christmas celebration and your goals are in place to make 2019 your best year yet.
Markets in 2018 saw some wild swings. In February and March there were two major falls, the market then moved strongly higher, establishing a new all time high before a dramatic fall, wiping out all the gains of the past two years.
US trade wars, high debt levels, economic uncertainty and Brexit have all had an impact on investor confidence and led to volatile markets.
Below is a series of weekly charts being, AUDUSD and the stock market index for Australia and USA, ASX200 and US200 which provides a good summary of 2018’s trading.
We will start with the Australian markets:
And follow with the US Stock market: