A grim December 2018 brought to a close the worst year for stock market investors in a decade. A year later, the two big problems – US-China trade dispute and Brexit – remain, but greater optimism around both has fed the bulls ahead of the festive lull.
There has been a marked difference in regional performance, however. Russia shot the lights out in 2019 and US tech stocks bounced back, while other US indices reached record highs. Europe became everyone’s favourite contrarian play.