Three Things Worth Remembering
Three Things Worth Remembering
1. Many of us let politics color our perception of the economy.
2. All-time highs are usually good times to invest.
3. Equity market corrections happen nearly every year, regardless of the president.
Fig. 1: Consumer Sentiment by Party Affiliation
Source: Bloomberg, Mill Creek.
Fig. 2: MSCI All Country World Performance, September 1989 – October 13, 2024
Source: Bloomberg, Mill Creek.
Fig. 3: S&P 500 Calendar Year Drawdowns and Performance
Source: Bloomberg, Mill Creek.
Disclosures & Important Information
Any views expressed above represent the opinions of Mill Creek Capital Advisers ("MCCA") and are not intended as a forecast or guarantee of future results. This information is for educational purposes only. It is not intended to provide, and should not be relied upon for, particular investment advice. This publication has been prepared by MCCA. The publication is provided for information purposes only. The information contained in this publication has been obtained from sources that
MCCA believes to be reliable, but MCCA does not represent or warrant that it is accurate or complete. The views in this publication are those of MCCA and are subject to change, and MCCA has no obligation to update its opinions or the information in this publication. While MCCA has obtained information believed to be reliable, MCCA, nor any of their respective officers, partners, or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of this publication or its contents.
© 2024 All rights reserved. Trademarks “Mill Creek,” “Mill Creek Capital” and “Mill Creek Capital Advisors” are the exclusive property of Mill Creek Capital Advisors, LLC, are registered in the U.S. Patent and Trademark Office, and may not be used without written permission.