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The 2018 market contrarians who got it right: What they are saying now

Most forecasters expect the euro-dollar pair to reach $1.20 by the end of 2019

investors, market performance
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Illustration: Ajay Mohanty

Bloomberg
With just three weeks to go, 2018’s market contrarians are proving prescient.
 
The outlook was decidedly bullish for US stocks and developing-nation assets 12 months ago, with both forecast to build upon a stellar 2017. The beaten-down greenback wasn’t expected to fare any better in 2018, as a rosy international growth outlook threatened to lure investors away from American markets. And despite some tough talk between the US and China, risks of an all-out trade war were an afterthought.
 
Not much has gone according to plan, but DWS, Cantor Fitzgerald and Morgan Stanley were among the few who