Bangsund expects the S&P/TSX to end 2019 at 16,800 amid strong earnings, and recommends investors overweight beaten-down energy stocks and financials. This time last year, she predicted the market would finish 2018 at 16,900 and later raised that target to 17,300. Article Continued BelowCrude reality Energy stocks were the worst performers, posting a decline of 21 per cent, followed by consumer discretionary, down 18 per cent. Bear facts “Fundamentals can, will, and should be rewarded at some point,” he wrote in a 2019 market outlook published in November. “We think if you hold a portion of your portfolio in Canada, it’s because of risk management,” he said.

Source: thestar January 02, 2019 14:26 UTC