The S&P 500’s Decade Challenge
It’s the last day of the decade, so we thought we’d do our own “decade challenge” for the S&P 500 Index.
After all, it has been an unprecedented 10 years for financial markets. At the end of 2009, the S&P 500 was nine months into what would be the longest bull market on record. Since then, the benchmark has almost tripled, riding a wave of economic growth, improved earnings, muted inflation, and central bank accommodation.
Equities’ recovery has been slow and steady though, unlike the 29% gain investors have enjoyed in 2019. As shown in the LPL Chart of the Day, the S&P 500 h... Read more