What a year 2014 has been!
Another year of markets and economies constantly shifting – sometimes in unpredictable ways. Equity markets (represented by the Russell 3000® Index, up 9.2% year-to-date as of December 12, 2014) arguably surprised many on the upside and the unemployment rate dipped below 6% for the first time since the summer of 2008, while the U.S. 10-year Treasury yield remained stubbornly lower than is historically typical. The Federal Reserve passed the quantitative easing baton to the European Central Bank, inflation expectations declined as oil prices fell rapidly, and the U.S. dollar was king relative to other major currencies.
And another year in which you, as a trusted financial advisor, have made a tremendous difference in your clients’ lives. Guiding them in identifying and continually prioritizing their long-term goals, and selecting investment partners that can help them achieve those goals.
We trust that 2014 has also been another year in which you have found great value in the viewpoints, analyses, and conversation starters Russell has offered through the Helping Advisors blog and also through our representatives partnering with you.
From the Russell Private Client Services family to yours, may you share in the joys of this holiday season. We look forward to seeing you back on this blog again in 2015.
A note about Russell’s 2014 holiday card. Every year, Russell reaches out to the children of our associates around the globe to help create our holiday card. This year’s winner is Arnav Katyal, the six-year old son of London-based Senior Investment Business Intelligence Analyst Ashish Katyal.