After almost nine years of growth it’s easy to forget there’s even such a thing as economic cycles.
Boom/bust.
From 1926 to present, the average Bull Market has lasted 9.0 years with an average cumulative (total*) return of 474%. Over the same period, the average Bear Market lasted just 1.4 years and had an average cumulative loss of -41%.
That doesn’t sound so bad. But if you think about it, if you lose -41%, it takes gains of 70% just to get back to where you started.
Let’s work together to maximize gains and minimize losses.
Weekly Update through April 13, 2018 The S&P 500 gained 2.04%, even as the Dow Jones added 1.80%, the Russell 2000 gained 2.41% and the Nasdaq added 2.77%.
As for US bonds, they lost -18bps.
Globally, the MSCI World Index gained 1.81% and the Barclays Global Aggregate Bond Index added 10bps.
The Euro Stoxx 50 added 1.2o% in local-currency (Euro) and 1.75% USD. Meanwhile, the Topix gained 59bps in local-currency (Yen) and 31bps in USD.
*Total return takes into account dividends.
