Matthew Rubin, Director of Investment Strategy at money manager Neuberger Berman, analyzes the market fundamentals and returns over the past ten years. "The past decade has not been kind to equity investors, with the S&P 500 posting a roughly flat return over the 10 years ending October 31, 2010. Even with recent market gains, investment flows and price volatility appear to reflect continued risk aversion and skepticism about stocks - something that has prevailed since the credit crisis of 2008."