(Harvest) This is not a new phenomenon. Just five years ago, at the end of 2012, investors warily eyed the S&P 500 as it finished the year up 16%. This was its third year of double-digit returns since the Global Financial Crisis, and most U.S. equity investors were back in the black and fully recovered from 2008 losses. Attention turned to volatility in Washington, the main source of which was the ongoing debt ceiling debacle and looming government shutdown. Sound familiar?
Keeping Long-Term Perspective During Short-Term Market Events
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