This end-of-year edition of the Abbot Downing Strategy Report takes a look back at 2018—the highs and the lows—while putting it all in perspective. Market concerns receive the most attention, but we can also point to a still-thriving U.S. economy and other positive indicators as we move into 2019. Following closely on a discussion of markets past, present, and future, it makes sense to explore how we help clients define “time” when it comes to their portfolios. As we show here, each client can have several different time horizons which require unique allocation strategies. Plus, our report includes year-end reports, observations, and more.