Perspectives

What an exciting year for U.S. equity investors! The 32% return of the S&P 500 was particularly surprising relative to the less than 2% growth in the U.S. economy last year.  Returns were [...]

After a steady rise for much of 2013, market volatility picked up significantly in June, with broad weakness across most major market indices.  Through Monday, the S&P 500 declined 3.4% [...]