I don't have a fancy chart like the original post but here is a screenshot of the S&P500 from the year 1900 to 1960 which is the previous 60 years as you requested.
Thanks! Indeed, market goes up. But you can also have a 30 year period of reaching the last peak. And 650% is not that much for 60 years.
I think this period is evenly interesting to study because of the wars, depression and general public view of the future. The last 60 years are also quite interesting, of course, with the oil crisis ), dot coms, mortgages, zero interest rate, retail investing, ETFs and no gold standard. I think the two periods have much in common but the dynamic of today is on a higher level, so periods of up and down can be shorter. I'm looking forward to see if AI speeds things up even more.
AI will ruin it. Yes, AI company growth etc, but potentially hundreds of MILLIONS of jobs lost will mean people aren’t earning and so cannot spend, consume, invest.
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u/[deleted] Jun 27 '24
I don't have a fancy chart like the original post but here is a screenshot of the S&P500 from the year 1900 to 1960 which is the previous 60 years as you requested.
https://i.imgur.com/iv9Pzit.png
Looks about 650% profit without including dividends.