• 141 days Could Crypto Overtake Traditional Investment?
  • 146 days Americans Still Quitting Jobs At Record Pace
  • 148 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 151 days Is The Dollar Too Strong?
  • 151 days Big Tech Disappoints Investors on Earnings Calls
  • 152 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 154 days China Is Quietly Trying To Distance Itself From Russia
  • 154 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 158 days Crypto Investors Won Big In 2021
  • 158 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 159 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 161 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 162 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 165 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 166 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 166 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 168 days Are NFTs About To Take Over Gaming?
  • 169 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 172 days What’s Causing Inflation In The United States?
  • 173 days Intel Joins Russian Exodus as Chip Shortage Digs In
  1. Home
  2. Markets
  3. Other

A Look At The SP 500 After A Tough Week

The S&P 500 has grown over the 60+ years since 1947 at a rate of 6.8% through the March low of 2009, the same rate of growth of the GDP over the same period. If we take for the sake of argument that the GDP is an attractor value for the price growth level of the S&P 500, then the index would be expected to end 2010 at about 1055 (11 points, or 1%, below the close last Friday).

That GDP/S&P500 assumption is perhaps a false assumption, but the correlation seems reasonable from 1947 through the mid-1980's when interest rates began to fall dramatically, followed by the dot.com bubble. By ignoring the huge rise and fall, and rise again and fall again since the mid-1990's, the March 2009 low touched the 6.8% compound growth curve shown in the graph below ...

A Look At The S&P 500 After A Tough Week

 

Read the Report

Back to homepage

Leave a comment

Leave a comment