Don’t be fooled by all the volatility; stocks have done nothing in 2015

Yes, that’s right – stocks are exactly where they started the year – at 2,059.  All the volatility, all the risk, all the waiting, watching, hoping, worrying, hasn’t resulted in any gain whatsoever so far in 2015.  Investors should take careful inventory of the risk in their portfolios and realize that, with current valuations, there is very limited upside.  Further, with pending rate increases, expensive valuations, global uncertainty, the strong dollar, etc., etc., downside risk is sizable.

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