This video provides a better understanding of the equity and fixed income market terms that are often spoken of, yet sometimes are a bit confusing. Markets reflect a combination of discounting future returns and risk level. In order to gain a better understanding of where we are in the market, investors need to focus on economic indicators in conjunction with the markets. Remember, market pullbacks are commonplace, with an average pullback seen of 8-10% in any given year. Bull markets don’t die of old age, but market imbalances.