Our View of 2024: January Update

Increasingly Optimistic Consumer health will dominate headlines in 2024 as the eventual recession becomes a reality. The onset of a recession is a lagging indicator and represents a normalized shift in the business cycle, one that has occurred every 6.5 years since...

Concentration of Returns in the S&P 500

The pursuit of excess investment returns in 2023 was predominantly determined by having substantial investments in the top 10 companies of the S&P 500 Index, as measured by market capitalization. Forgoing an oversized commitment to those 10 companies would entail...

Time in the Market

Chart Content: Annualized S&P 500 Index returns over the past 25 years compared to annualized S&P 500 Index returns over the same time frame when missing the top 10, 20, 30, and 40 days in the market. Chart Significance: Missing the best-performing days in the...

10-Year Annualized Rolling Returns

The chart below is a continuation of our 2014 series and tracks the 10-year rolling annualized returns of the Standard & Poor’s (S&P) 500 Index. Each year represents returns from the previous ten years, and it includes the year presented. For example, the...

Our View of 2024

Increasingly Optimistic Consumer health will dominate headlines in 2024 as the eventual recession becomes a reality. The onset of a recession is a lagging indicator and represents a normalized shift in the business cycle, one that has occurred every 6.5 years since...