By Ologn
Fine I’ll use the S & P 500.
It opened 1969 at 102. It opened 1979 at 99.71.
Adjusted for inflation, the SP500 peaked in 1968, then dipped and did not return to this real level until 1992. 22 years.
The S&P 500 entered 2000 at 1425. Not until 2013 would it open the year at or above that. Adjusted for inflation, it did not hit its 2000 level until the turn of this year. It has been tanking the past few days.
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Ologn comments on "How Sick Is the Stock Market?"
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