Equity returns in the 70s, from Nils Poertner
we are not in the 70s of course coz every era is different anyway, time to sharpen up. [Click on image to see full table.]
Zubin Al Genubi writes:
The 70's were bad: We just lost a 10 year war; Riots crime burning cities, hi crime stagflation, price fixing, crooked president and VP, CIA domestic assassinations.
Vic adds:
interest rates about 4 times the current as of then. the e/p minus the long rate is predictive. works every year almost.
Nils Poertner responds:
yes, and then there are non-US equities out as well - which will represent great opportunities.
