THE SOOTHING SOUND OF RETURN ON EQUITY

摘要

The 2000s may have been a lost decade in the stock market, with the S&P 500 down 25%. The teens, however, have been terrific. The blue chips have returned about 85% since the start of 2010, and the index is now almost 45% above where it ended the 1990s. So it's understandable to wonder if the tide will turn, especially since the next significant move in interest rates will likely be upward. If risk management isn't top of mind, it should be.