All and all, 2014 was another good year for investments. 2014 marked the 6th straight year where the S&P 500 posted gains. We saw the GDP top 5% in the 3rd quarter (highest pace since the 3rd quarter back in 2003). The unemployement rate decreasing should help wage growth and consumer confidence.
Annual Returns for five main indexes:
BarCap US Agg Bond + 5.97% S&P 500 + 13.69% Russell 2000 + 4.89% MSCI EAFE (Europe) – 4.90% MSCI EM (Emerging Markets) – 2.19%
How is 2015 shaping out?
We continue to like the our positions in Financials, Tech, Health Care and Real Estate. While we like our positions in those sectors we'll also be keeping our pulse on the Energy sector due to significant decrease in oil prices. During 2014 we saw numerous periods of volatility and we expect to see those spikes in 2015 as well.
Expect Headlines to scare investors in the short-term, as we are custom to already, but we believe those who are patient will see another profitable year.