Executive Summary: The price you pay for an asset determines your return.
I came across this chart over the weekend from @OddStats. The chart shows the returns of the S&P 500 by decade.
Drivers of Return Since 1982 and What That Means for the Market Over The Next 10 Years
I came across an interesting analysis in Dr. John Hussman’s recent commentary that I’d like to briefly share.
In the commentary he talks about the primary driver of market returns throughout the various cycles since 1982. It’s very important to understand this if you want to understand the potential return outcomes for the duration of the market cycle…emphasis mine Continue reading “Drivers of Return Since 1982 and What That Means for the Market Over The Next 10 Years”
2017 Review: A Truly Extraordinary Year
On many fronts, 2017 was a year for the ages and will likely go down as significant in history. There were several records set by the markets in terms of returns, volatility and valuations.
Because this is an annual review it’s much longer than my typical commentaries. So, if you’re short on time and just want the highlights from 2017 check out the outline and table on pages 3-5. Link to the PDF is provided below.
