It's Beginning to Look a Lot Like...

Editor's views: It's the most wonderful time of the year and, while we could look at all the investment lessons learned in 2019, we'd rather have a sing-song

Holly Black 20 December, 2019 | 10:48AM


Another year draws to a close and there’s much to say, but little I haven’t already said.

So rather than wax lyrical about all the mistakes made and lessons of the year, I shall simply say thank you to all our readers and call on my old buddy Bing Crosby to help me see out the year (click here for the backing track): 


It’s beginning to look a lot like Christmas

Everywhere you go,

Take a look at the FTSE score, it’s soaring once more

And assets in sustainable funds grow


It’s beginning to look a lot like Christmas

Investment predictions galore

But the prettiest sight to see, is the end of 2019

When investors look at fundamentals more


Neil Woodford was out and his funds forced to close

Barnett was sacked from his trust

Darwell left Jupiter, bond coupons fell

as the yield curve went bust 

And property funds gated with quite the fuss 


It’s beginning to look at lot like Christmas

Everywhere you go

Investors ditched absolute return, and instead began to turn

To money market funds in the churn


It’s beginning to look a lot like Christmas

Confidence is back

We’ve had a Boris bounce, but Brexit could see it trounced

And EMs still lack


It’s beginning to look at lot like Christmas

The US at record highs

But the President’s been impeached, has the stock market overreached?

Focus on the long-term, says I


Sure, it’s Christmas once more


The Morningstar elves will be here over Christmas so please do keep visiting – what better time to catch up on all the latest investment analysis than over a mince pie or two?

Wishing you all a very merry Christmas, and a happy and prosperous New Year.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Holly Black  is Senior Editor,

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites