With about 250% gain over the past decade, the S & P500 revalidates the most interesting asset title to invest, not only because it is one of the safest but because long term returns make it an indispensable name in any investment portfolio. Small caps through Russel 2000 also do well with a respectable 165% appreciation over the last ten years, and despite falling well short of the world’s leading index, it achieves a much better result than Gold or Oil, which end this long period after the financial crisis with a 35% rise and a -25% loss respectively.
If this impressive race will have another chapter by 2020, it is still too early to be measured, the current assumptions for asset valuation are different from those at the beginning of 2010. In which the role of central banks being decisive for the good momentum, economy in general in the various markets of the negative consequences that expansionist policies will inevitably have, but this is another story. For now, the time is festive, for the Bulls of course, because the Bears are going through their toughest, longest winter ever.
