Stocks face 50% odds of correction in 2020, Vanguard’s Davis
says
Mohamed A. El-Erian
-
Amazing what a difference a year makes! Since Christmas eve
'18
Stocks
have soared, with the S&P returning 40%, well ahead of
EM
(1st chart) "Risk free” government
bonds,
as well as corporates, also made money (2nd, 3rd) Volatility
has fallen (4th)