Posts filed under “Markets”
click for ginormous chart
Source: JP Morgan
One of my favorite charts to show people is the long-term market returns since 1900. I find it is incredibly telling in the information provided by a very simply line chart.
Have a look at the chart nearby. It is from JP Morgan’s quarterly chart book which (I have referenced previously). It’s a delightful assembly, chock full of great graphics that both inform and amuse.
The chart we are focusing on today is Markets since 1900. It shows the long-term gains of the S&P500 (and its predecessor). It is in logarithmic scale, so as to not distort the earlier returns.
Nobel Prize-winning economist Robert Shiller talks with WSJ’s Jason Zweig about market valuations and investors’ expectations. (see full article WSJ)
Succinct Summations week ending October 10th Positives: 1. Despite the recent bout of volatility, the S&P 500 is just under 5% off its all-time highs. 2. The national price of gasoline fell to $3.24, the lowest since December 2013. 3. Initial jobless claims came down to 287k while the 4 week average is at the…Read More
“Never try to teach a pig to sing- it wastes your time and annoys the pig.” – Robert A. Heinlein, The Notebooks of Lazarus Long Whenever I write about Gold, the pushback is always robust. Yesterday’s column How Low Can Gold Go? was no different. As a public service, I thought I would…Read More
Succinct Summation of Week’s Events: Positives: 1) US economy added 248k net new jobs in September; two prior months were revised up by a total of 69k. 2) Unemployment rate falls two tenths unexpectedly to 5.9%, the lowest since July ’08. Average weekly hours ticks up to 34.6, the most since May ’08. 3)…Read More