Weekly Update

Stocks Have Soared Lately, But What Should You Expect Near And Long-Term?

Published Friday, August 12, 2022 at: 7:49 PM EDT

Securities regulators require financial advisors to state in their public statements that past performance is not indicative of future results because investing is complicated, and nothing is guaranteed. Ironically, however, a mountain of evidence exists showing that achieving investment success depends largely on understanding lessons from the past. Since the post-war era began in 1957, at least 27 financial crises have come and gone. Perhaps the worst crisis of the past 65 years was the near-collapse of the world financial system in 2008. It was resolved by unprecedented government intervention. Poignantly, every unprecedented crisis was resolved, often by unprecedented U.S. Government...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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