Stocks Closed At A Record High; Should You Worry?

The Standard & Poor's 500 closed the week at an all-time high on Friday of 3,013.77. With the economy in its eleventh-year of expansion showing some possible signs of slower growth, should you be fearful?

To answer, take a look at this chart showing just how spectacular America's blue-chip publicly-held companies performed for the decade ended June 30th, 2019.

The worst total return of the broad array of asset classes, represented by the indexes shown, was the Goldman Sachs Crude Oil Index. A dollar in the crude index declined in value to 34-cents in the same period.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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