S&P 500 is the Big Winner the Past 10 Years


S&P 500 stocks are on pace to close out the decade with the longest Bull market in history running.

The Bull run began on 9 March 2009, has avoided falling into a Bear market several times over the past 10 years but is on course to continue into Y 2020

With just 7 days left in this decade, the large cap S&P 500, with reinvested dividends, has outperformed other major asset classes and benchmark commodities, climbing over 250%.

The Bond Index, a broad-based index that includes Treasuries, corporate bonds and other fixed-income products, rose 47%.

WTI Crude Oil lost more than 20% over the same frame.

Driven in part by an accommodative monetary policy from the Fed, which drove bond yields to near historic lows, the S&P 500 has been the best performing benchmark equity index over the decade out of the 10 largest global economies.

The gains in the US stock market were fueled by the technology and consumer discretionary sectors, with each climbing more than 300% over the decade.

Energy was the weakest group, narrowly avoiding a loss and was up only 4.3% through the 24 December close.

Investors showed no preference between growth or value stocks in the early years of the decade, growth as an investing style has outperformed value stocks in the last year of this decade.

The preference for growth names is also reflected in the performance of individual stocks over the decade, led by the gainer in Netflix (NASDAQ:NFLX), which marked a 4100% rise through the 24 December close.

Have a Happy Holiday Week