Thread: Re: Last decade was the worst ever in the stock market > > > Wait toyou see *next* decade. This ain't gonna be pretty folks...

"climber" <[email protected]> wrote in message
news:[email protected]...
On Dec 27, 3:50 pm, Möbius Pretzel <M0bius_0_Pret...@yahoo.com> wrote:
> Last decade was the worst ever in the stock market
>
> December 27, 2009
>
> The U.S. stock market is wrapping up what is likely to be its
> worst decade ever.
>
> In nearly 200 years of recorded stock-market history, no calendar
> decade has seen such a dismal performance as the 2000s.
>
> Investors would have been better off investing in pretty much
> anything else, from bonds to gold or even just stuffing money under a
> mattress. Since the end of 1999, stocks traded on the New York Stock
> Exchange have lost an average of 0.5% a year thanks to the twin bear
> markets this decade….
>
> This past decade looks even worse when the impact of inflation is
> considered.
>
> Since the end of 1999, the Standard & Poor’s 500-stock index has
> lost an average of 3.3% a year on an inflation-adjusted basis,
> compared with a 1.8% average annual gain during the 1930s when
> deflation afflicted the economy, according to data compiled by Charles
> Jones, finance professor at North Carolina State University.
>
> http://blogs.ajc.com/jay-bookman-blo...ecade-was-the-...

Beware the Ids of Feb. and March, 2010.

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Don't worry! This decade has another year to run!
Argus