Apparently, Good Years Can Follow Great Years

Apparently, Good Years Can Follow Great Years

As we exited 2013, we pondered a question that was making news headlines all over the financial media at the time, “Can Good Years Follow Great Years?” At the time, there was significant investor concern over equity valuations after the strong bull market run, and many investors were reluctant to commit new capital to the equity markets fearing that the market had nowhere to go but down. As it has turned out for the first half of the year, exactly the opposite has been true:  Apparently, Good Years Can Follow Great Years