Deconstructing a Historically Flat Market
The notoriously flat equity market of 2015 has baffled investors, and thus, heightened nerves for many. Indeed, the lackluster nature of this market is one of historical proportions. So far this year, the S&P 500 index and the DJIA have both recorded positive returns for the 1st and 2nd quarters. However, each returned less than 1% per quarter. The last…