• Login
    View Item 
    •   WU IR Home
    • Colleges, Departments, and Organizations
    • School of Business
    • Kaw Valley Bank Working Paper Series
    • View Item
    •   WU IR Home
    • Colleges, Departments, and Organizations
    • School of Business
    • Kaw Valley Bank Working Paper Series
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    U.S. Equities' Heartbreaking Performance is Nothing New

    Thumbnail
    View/Open
    45.pdf (477.4Kb)
    Author
    Weigand, Robert A.
    Publisher
    Washburn University. School of Business
    Sponsor
    Kaw Valley Bank
    Date
    November 2009
    Metadata
    Show full item record
    Abstract
    US equities have delivered poor long-term returns with surprising regularity: in the 1910s, the 1930s, the 1970s, and the 2000s. Following bear markets of the 1930s and the 1970s, stock valuations languished for a considerable period before providing investors with long-term returns that outperformed inflation. Investors should consider that much of the increase in stock values from March-August 2009 may be driven more by a 1990s-style belief in the infallibility of equities as an investment class than by tangible improvements in global economic conditions. The risk remains that much of the gains in stocks in 2009 could be another "false start" that characterized recoveries from former "super-bear" markets.
    URI
    https://wuir.washburn.edu/handle/10425/333
    Collections
    • Faculty Papers
    • Kaw Valley Bank Working Paper Series

    Browse

    All of WU IRCommunities & CollectionsBy Submit DateAuthorsTitlesSubjectsThis CollectionBy Submit DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    DSpace software copyright © 2002-2023  DuraSpace
    Contact Us | Send Feedback
    DSpace Express is a service operated by 
    Atmire NV