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created by jerryk

Suckers

April 4
The entry was created.
Suckers

From the Wall Street Journal...

bq. "The stock market is currently trading right where it was nine years

ago. In fact, adding...

» complete change

From the Wall Street Journal...

bq. "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.

"In pictures...":http://online.wsj.com/public/resources/documents/info-flash08.html?project=LOST_DECADE

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