Need to Know: Want long-term stock gains? Put your money on innovation says this market bull [MarketWatch]
Barclays PLC (BCS)
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Source: MarketWatch
Want long-term stock gains? Put your money on innovation, says this market bull Looking to blame something or someone for the roller coaster ride this year has turned into? Thank a dull 2017 for this market’s troubles, says Will Hobbs, head of investment strategy at Barclays Investment Solutions. Unlike what we’ve seen notable in the latter part of 2018, last year was notable for its lack of volatility and big moves, to the point where we moaned a lot about it. “We had a calm 2017 and that lulled everyone into a false sense of security,” he told MarketWatch in an interview on Monday. And so investors marched into 2018 with “no sentiment cushion to absorb the inevitable bump in the road ahead.” And ka-boom, in a year where the headlines have helped push major indexes into the red. But there’s good news, as he says investors have much more padding headed into 2019, because expectations are so muted on everything from a trade truce, to Brexit, to outlooks on global growth. Upside surpris
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