Little Change as Yellen Exits
Jan. 31, 2018 - First Trust -
In Janet Yellen’s swan song as Chair of the Federal Reserve, she exited on a quiet note. The Federal Reserve did what just about everyone expected earlier today, keeping short-term interest rates unchanged while providing forward guidance that economic growth remains on track for further hikes in 2018. The federal funds rate remains in a range from 1.25 - 1.50% and the Fed continues to pay banks 1.50% on their reserve balances.
A Snapshot Of How Stocks Have Performed So
Far In This Millennium
Jan. 30, 2018 - First Trust -
View from the Observation Deck
1. Today's blog post features the cumulative total return performance of five major equity indices (three domestic and two foreign) since the start of 2000.
2. We chose to highlight rolling 5-year periods due to the fact that equity investors have endured two severe and lengthy bear markets as well as a significant number of challenging global events since 2000.We also like to occasionally remind investors that the buy and hold strategy can still serve them well over time.