Remember that equity investors tend to enjoy strong returns in the absence of recession, which dents returns, or war and revolution, which can result in a permanent loss of capital. With those caveats in mind, the market gods are presenting patient investors with three gifts from the three economic blocs in the world: the U.S., Europe, and China.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgzymBNl0aFifJoEC70a-ooHaQMANmvkiunTIxGzf8y6hqOSyPDUre6gfJC1uicBJtWWahkQan6LKvrF8TOkX8zyJWTlZEXfnYaEwCnhOJm2EjmvRb1C1x1QqLnn4dsX9dHxV3IKf2aSmvIUYnurIs_nYZNeMwXz5pPV7snyYKjH6lvmZOUE6pDiduWcxX/w400-h186/DJIA%20FRED.png)
The full post can be found here.