By Eric Parnell, CFA on November 26, 2024November 26, 2024 Over the past three to four decades, the U.S. has faced numerous challenges, yet its economy has consistently rebounded: Economic Growth: Robust growth over the years, now four times stronger than 40 years ago and nearly double its size at the turn of the millennium. Financial Markets: Despite recent pullbacks, the S&P 500 is nearly ten times higher than it was 15 years ago. Lending Markets: A 40-year decline in ten-year Treasury yields has provided consistent access to capital at low interest rates. It’s important to be grateful for both the past and present, while staying mindful of the future. While challenges are inevitable, disciplined investment strategies will be key to navigating uncertain times ahead. Great Valley Advisor Group is excited to present the latest episode of our video series featuring our Chief Market Strategist, Eric Parnell, CFA. At under 3-minutes each, these bi-weekly videos are meant to provide concise observations on relevant economic indicators to strengthen your knowledge and understanding of current market trends. Subscribe to the GVA YouTube channel Eric Parnell is solely an investment advisor representative of Great Valley Advisor Group, and not affiliated with LPL Financial. Any opinions or views expressed by Eric Parnell are his own and are not those of LPL Financial. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted. LPL Compliance Tracking #: 657246