Friday, 2 April 2021

Stock investors can only hope that the post-COVID 2020s aren’t like the ‘Roaring ’20s’

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Stock investors can only hope that the post-COVID 2020s aren't like the 'Roaring '20s'

Unfortunately, this is yet another case in which our historical memories are unreliable. The stock market in the 1920s didn't really produce above-average performance until the latter half of the decade. The first half contained not just one, but two, economic recessions — and plunging corporate profits.










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