Retire Soon
Full time employment: Posting here.
- Joined
- Nov 23, 2005
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- 655
We could be in for another "Lost Decade" in the stock market. Yesterday's S&P 500 Index closed at 1352.99 which is below the 1362.8 it finished in April 1999. Even when dividends and inflation are factored in, the S&P 500 has risen only 1.3% over the past 10 years. For the past 9 years the index is down 0.37%, while the past 8 years it has lost an average of 1.4% a year. Over the past 200 years, the market has been disrupted by long stretches of negative returns only two other times which include the Great Depression and the 1970's. History could very easily record another "Lost Decade" if stock returns continue this pattern, according to an article in today's Wall Street Journal.
Stocks Tarnished By 'Lost Decade' - WSJ.com
Stocks Tarnished By 'Lost Decade' - WSJ.com