January 27, 2020
2019 was a fantastic year for U.S. stocks. The S&P 500 Index delivered a total return of 31.5% for the year. As the chart below demonstrates, last year’s return was nearly two and a half times the historical average (median)...
January 23, 2020
On December 31, 2009, the S&P 500 Index closed at 1,115.10. Ten years later on December 31, 2019, the index closed at 3,320.78. During the decade, the S&P 500 gained 198% on a price-only basis and 257% on a total return basis which...
January 22, 2020
In a recent commentary I took a look at how the U.S. stock market, as measured by the S&P 500 Index, has historically fared following “great” years such as 2019 when the market delivered a stellar 31.5% return. In this...
