Getting the news isn’t so easy these days! While being constantly bombarded, you need to filter everything you see and hear. Political, environmental, and financial news -- even sports – requires a sophisticated high-tech lens. When filtering news about the economy and investments, it is wise to view everything through the long lens of history. It dramatically expands the scope of your knowledge, revealing a more realistic picture of what’s happening now. For example, can you spot the major shift in the U.S. stock market in these figures? If you answered by noting that the S&P 500 growth stocks are lagging badly, good for you! That’s right! 
For small-cap value stocks to outperform the large-cap S&P 500 growth companies marked a major shift in leadership! But you could not have known that by looking at this chart of the last quarter. To know that a new trend may be under way, you would have to know the long-term history of the stock market. Only by looking at these numbers through a long lens reflecting history would you be able to see this important shift in market leadership. 
Just a quarter earlier, large cap growth stocks massively outperformed small and mid-cap value stocks, and that has been the long-term trend. And, again, to know that, you’d have to examine the last five years of performance. Financial news is rarely reported from the historical perspective of an investor building a sustainable retirement income stream. Count on us for financial news filtered through a lens reflecting history and investment experience. Nothing contained herein is to be considered a solicitation, research material, an investment recommendation, or advice of any kind, and it is subject to change without notice. It does not take into account your investment objectives, financial or tax situation, or particular needs. Product suitability must be independently determined for each individual investor. Tax advice always depends on your particular personal situation and preferences. The material represents an assessment of financial, economic and tax law at a specific point in time and is not intended to be a forecast of future events or a guarantee of future results. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed as to accuracy, does not purport to be complete, and is not intended to be used as a primary basis for investment decisions. Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. The material represents an assessment of financial, economic and tax law at a specific point in time and is not a guarantee of future results. |