Rolling returns are a great way to measure investment performance (in this example the S&P 500 index). These rolling returns don’t correspond to calendar periods. We begin to understand investing more clearly as we compare the rolling stock market return periods of differing lengths of time. To calculate rolling returns you take the return for each […]
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Is Inflation Transient or Structural?
Inflation has been central to the market narrative for the first half of the year. With consumer prices surging and long-run inflation expectations at multiyear highs, we dissect whether rising inflation is technical, transient, or structural. Investors will continue to digest the arc of inflation for the rest of 2021 with critical implications for policy […]
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The Power of Perseverance
THE CASE FOR STAYING INVESTED Although short-term volatility swings can be difficult to stomach, it’s important for long-term investors to persevere. While it may be tempting to pull out of the stock market, investors may miss out on a potential market rebound and opportunity for gains while they are on the sidelines. In the chart […]
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Why Should I Invest in the Stock Market Now?
NAVIGATING THROUGH MARKET VOLATILITY WHERE IS THE MARKET HEADED? Volatility may have some investors contemplating when they should pull out of the market or if they should sit on the sidelines and wait for the best time to invest. If you’re wondering if now is a good time to invest, consider some of the reasons that may […]
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Past Performance is Not an Indication of Future Results
“While results vary from asset class to asset class and from time period to time period, experience suggests that for predicting future values, historical data appear to be quite useful with respect to standard deviations (risk), reasonably useful for correlations, and virtually useless for expected returns.” —WILLIAM F. SHARPE, 1990 Nobel Prize winner in […]