Is it a good time to invest in the US stock market?
Let’s look at the broad S&P 500 Index over the past 5 years…
Since the 2002 bear market, it’s had a decent run, jumping 26% in 2003, and slowing down to a respectable 2-3% per year after.
A look at the blue chip Dow Jones industrial average…
Similar story, a bit more volatile, but still doing well at 4-5% for the last two years.
Finally, let’s look at the tech-studded NASDAQ composite index.
The most volatile out of the three broad indices, it had an amazing run in 2003, but the last year it’s tanked, has the tech sector run out of steam?