Did You Know?

Too often we look at financial markets by quarter, but it's interesting to see how they perform over a decade, further speaking to how we should look at everything with a more long-term mentality. Here is how US GDP, unemployment, and the S&P 500 have performed over the past 10 years. It's interesting to note how the US economy keeps growing over time regardless of major events. GDP is up almost 50% in a decade! And this is after a massive recession that more closely resembled a depression. Most recessions have been far milder. The American economy is a SPECTACULAR machine indeed!