S&P 500: A Dead Money Era May Be Here, How To Thrive In It

Sungarden Investment PublishingInvesting Group LeaderFollow5ShareSavePlay(11min)CommentsSummaryThe S&P 500's 5-year rolling return just dipped below its 15-year return, a rare signal historically preceding major bear markets.I see elevated risk of a 'lost decade' for stocks, as prior return clusters like today's led to weak subsequent returns.My portfolio emphasizes managed risk: bond ladders, low-correlation and inverse ETFs, high cash, and selective options exposure.Current technicals and rolling return math urge prioritizing risk management over chasing returns in this cyclical market environment.This idea was discussed in more depth with members of my private investing community, Sungarden Investors Club. Learn More » Rouzes/iStock via Getty Images Last month, something happened that apparently did not get much headline attention. I noticed it, because I'm a technician. That means I look for patterns in the data that could be meaningful, especially if they draw my attention to risks not widely acknowledged by theThis article was written bySungarden Investment Publishing11.11K FollowersFollowI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and I spent decades an an investment advisor and fund manager before semi-retiring in 2020. Now, this investing group is my focus. The markets tells us a story…we just have to listen! I teach subscribers how to do that.Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I regularly own ETFs and options on SPYSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.