Investment Updates
Stocks Closed At A Record High; Should You Worry?
Published Friday, July 12, 2019 at: 7:00 AM EDT
The Standard & Poor's 500 closed the week at an all-time high on Friday of 3,013.77. With the economy in its eleventh-year of expansion showing some possible signs of slower growth, should you be fearful?
To answer, take a look at this chart showing just how spectacular America's blue-chip publicly-held companies performed for the decade ended June 30th, 2019.
The worst total return of the broad array of asset classes, represented by the indexes shown, was the Goldman Sachs Crude Oil Index. A dollar in the crude index declined in value to 34-cents in the same period.
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