Guidance

RESOURCES TO HELP SHAPE YOUR FINANCIAL FUTURE

Despite the stock market having fully recovered from the depths in March 2009, there is ample evidence to suggest that the current bull market has more room to run.

  • Perhaps more than any other time in history, equity markets are benefiting from the Federal Reserve’s efforts to flood financial markets with money until the recovery becomes self-sustaining.
     
  • At the end of 2012, U.S. banks held 64 cents of deposits for every dollar of equities—a level 30% higher than average over the past 20 years.
     
  • With the exception of a few months during the depths of the financial crisis, the S&P 500 dividend yield has not exceeded the 10-year treasury yield in over 50 years.