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Content Tagged eschatology
Suckers
From the Wall Street Journal…
“The stock market is currently trading right where it was nine years ago. In fact, adding in dividends and taking inflation into account, stock market investors have lost money since 1999. The extended US-stock underperformance puts the current stock market in very bad company: the 1930s with its terrible unemployment, and the 1970s with its double-digit inflation. In both of those periods, stocks would rally strongly only to fade. It took well over a decade in each case….before stocks moved lastingly upward.”
It’s not stated whether the implosion of the US dollar has been factored in along with dividends and inflation… I would guess not.
