Investors are now paying 26.2 times peak S&P 500 earnings, the highest valuation we’ve seen since 2000 and over 50% above the historical median. A decade ago this same ratio was at 16.8

The average S&P 500 total return is 10% per year but the stock market has only performed within 2% of that number in 4 of the last 97 years. The highest annual return was +53% and lowest -44%. The lesson? To get the average return, stay diversified and hang on.

US Trade Deficit in Goods & Services...

Fed's Williams: I do believe we are in what many call a 'K-shaped' economy