After G20 meeting when stock indices are gapping up it’s very easy to lose sight. It’s as easy to get excited as it had been easy getting depressed two weeks ago. In this kind of environment one needs to keep perspective. Often the best way is to take a deep breath, zoom out and take a more long term view. Usually the longer you go in the past, the more you will understand the present and the easier you’ll prepare yourself for any possible outcome in the future.
So I would like to share with a longer term chart of the S&P 500 index dating back from 1900 to the present day.Read More