| While the Fed’s upper hand had caused the U.S. equity markets to deliver stellar returns last year, 2014 has seen lackluster returns so far. The benchmark index S&P 500 had given us a nice 14% return last year by this time, a little less than five times the return S&P 500 has delivered so far this year. This clearly signals that we might not see equities delivering even close to the solid 32% return of 2013.
While the Fed hitting the taper chord certainly played the culprit, a severe winter, geopolitical tensions in Russia, slowdown concerns in China, emerging market turmoil and valuation concerns also took part of the blame...........................................Full Article: Source
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