Stocks: Successful investing requires a long-term holding period for stocks, the conviction to ride through sometimes turbulent waves, and occasionally, the fortitude to buy when others are panicking and selling. We viewed the th
As we mentioned at the beginning of the year, we still believe that stocks will outperform bonds and cash this year. Low money market rates and low bond yields help make stocks look relatively attractive.
As in recent years, we believe stocks will continue to outperform bonds and cash. Money market rates and bond yields bouncing along at all-time lows will serve as wind to the sails, and the subdued global recovery will keep rates low.
The U.S. stock market had a volatile fourth quarter of 2014, swooning almost 10% during the first half of October and getting hit hard again in the first half of December, with a powerful rally in between.