patrick.net

Onvacation says

USA says

What happened to the "rich" before 1995?

The S&P 500 is down 20% from its most recent peak. It has now entered a bear market.

Its PE ratio (trail 12 months) is 18, and its historic median is 14.7.

http://www.multpl.com/

Interesting graph. IT coincides with a period when two wage earner families went from being way less than half of household to way more than half. IT leveled off at 60% being dual income, but I would imagine that the number of women in good paying jobs continued to increase over this period. of 1990 to 2008.

So if you combine that with questions about inflation adjustment, I find the growth of upper middle class graph questionable. Sure with two incomes upper middle class was growing, and possibly lower, working class, and middle held steady. I'm not sure that this is as positive as some might infer from that graphic.

The S&P 500 was around 1550 back in March 2000, and now it is around 2350. It has gone up about 50% since March 2000. That is only about a 2.5% annual increase.

Add in an average annual dividend or yield of 1.5%, and the total annual return is 4% since 2000 !

Historically the S&P 500's average total annual return is 10.5%.

adarmiento says

The S&P 500 was around 1550 back in March 2000

What if you use summer 2002 instead ?

You're talking about buying at the top of the most epic bull market run of our lifetimes. The S&P had gone from about 115 to 1550 in the 18 years before that.

Yes, you can change the start and finish dates as far as analyzing S&P 500 performance.

But 19 years later after the market peaked in 2000, you would reasonably expect at least the average annual return to be more like 7% and not 4.5%.

It just shows how much volatility and lackluster stock market performance there has been over the last 19 years.

This thread is the Patnet historical record of Logan ringing the bell at the top in Aug 2018.

S&P 500
2,426.71
-40.99(-1.66%)

Dow 30
22,502.25
-376.20(-1.64%)

Nasdaq
6,447.41
-106.94(-1.63%)

Russell 2000
1,314.09
-15.72(-1.18%)

S&P 500
2,420.19
-47.51(-1.93%)

Dow 30
22,422.55
-455.90(-1.99%)

Nasdaq
6,431.74
-122.62(-1.87%)

Russell 2000
1,308.34
-21.47(-1.61%)

willywonka says

S&P 500
2,420.19
-47.51(-1.93%)

Dow 30
22,422.55
-455.90(-1.99%)

Nasdaq
6,431.74
-122.62(-1.87%)

Russell 2000
1,308.34
-21.47(-1.61%)

We will zig zag in this new range until Jan 01 most likely. If the low is broken, watch out below. Until then, a drift higher is expected for next few days.

...and just like that, the Chart Man changes his screen name, deletes his posts, and changes his avatar.... again...

_ says

PaisleyPattern says

Yeah took the bait, that’s funny, time to change your name back again.

Stop acting like a little boy... Man UP, its bad enough you hide behind a chicken name like that go on this thread and call for the recession don't hide.... Be a Man

http://patrick.net/post/1321083/2018-12-24-time-stamp-your-2019-recession-call

That's strange...

Where did Logan's 2019 Recession thread go?

MrMagic says

Where did Logan's 2019 Recession thread go?

His mom found out he was posting, again.