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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (4344)6/5/2001 7:43:01 PM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
I don't know if it's really ever possible to compare from one time frame to another, but of course it's irresistible to try to make sense of the future by examining the past.

Here's a fun one - October, 1987. No one's ever really explained it, although many have tried.

viking.som.yale.edu



To: Seeker of Truth who wrote (4344)6/5/2001 11:56:43 PM
From: LLCF  Respond to of 74559
 
<Since the data on private businesses was not available in the old days, we are not comparing apples with apples when we say that the EQUITY/GNP ratio is much bigger now. >

Nor are are we comparing apples to apples when extrapolating the claim that equities always outperform other asset classes....

DAK