SPX Index Secular Markets (1900-2010)
Posted By Barry Ritholtz On January 6, 2011 @ 2:00 pm In Cycles,Markets,Technical Analysis | Comments Disabled
We’ve taken many longer term looks at the markets (See, for example, this [1], this [2], this [3] or this [4]) but the following chart from UBS Technical Analyst Peter Lee really tickled my fancy:
>
click for larger graphic
[5]
>
Source:
2011 Technical Market Outlook
Peter Lee – Chief Technical Strategist
Wealth Management Research
December 2010
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2011/01/spx-index-secular-markets-1900-2010/
URLs in this post:
[1] this: http://www.ritholtz.com/blog/2010/09/pe-expansion-contraction/
[2] this: http://www.ritholtz.com/blog/2005/12/pe-vs-sp-500-50-years/
[3] this: http://www.ritholtz.com/blog/2008/12/100-year-dow/
[4] this: http://www.ritholtz.com/blog/2005/08/dow-jones-chart-1900-2004/
[5] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/01/100-Year-Secular.png
Click here to print.