Despite an average intra-year drawdown of 14%, the S&P 500 has posted positive returns in 32 of the past 38 calendar years.
Momentum continues to lead
The benefits of value investing have been well documented in financial literature. Research has shown that over the long run, stocks with cheaper valuations have outperformed those that are more expensive. However, while valuation factors typically…
More room to run: A market outlook from the BMO Global Investment Forum
Jon Adams makes his third appearance to the podcast to reveal the drivers of the global economy, as uncovered at this year’s Forum. Find out how artificial intelligence, big data and trade will impact the markets, how the rise of intangibles has redefined valuations and the portfolio implications in the year to come.
The S&P 500® Index is an unmanaged index of large-cap common stocks.