By Paul Morrone CFP®, CPA/PFS, MSA
Financial markets and the worldwide economy are incredibly resilient and have continually overcome the unthinkable. A short decade ago, we were in the midst of one of the darkest economic times short of the great depression in the 1920s. March 9th of 2019 will mark 10 years since US Equity Markets hit rock bottom. If anything has been proven during this time, it is that patience and discipline can lead to significant rewards. This past year has been the first stumbling block in nearly a decade, sparked by a myriad of concerns ranging from domestic political disputes, to geopolitical tension, to trade, to interest rates and to global economic conditions. While these are all valid concerns with a justified impact on equity prices, some historical perspective may shed some light on where we’ve been.