January 2015: Assessing the 2015 Economy

March of 2015 marks the sixth year of the most hated bull market in American history. Our nation’s media, as well as the fear-mongering market-timers who sold at inopportune 2009 levels, have chosen to repetitively focus on the negatives, even amongst increasingly positive developments. Although the crisis of 2008-2009 left a bitter taste in the mouths of us all, patience and prudent investing have rewarded those with experience and a longer-term perspective. In fact, the current bull run is the second-longest uninterrupted winning streak on record – and the longest since the nine-year stretch from 1991-1999* . A review of our Greenwood Reports of the last six years conveys our positive tone throughout. Indeed, we’ve moved from recovery to prosperity…but will it continue?

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