[lbo-talk] Inflation/deflation illusion ?

[Doug Henwood]

On Feb 11, 2009, at 1:05 PM, Alan Rudy wrote:


> what? the 1960s were worse than the 2000s? really?
> can someone unpack this?

1960s? The article/chart talks about the 1970s. The bad returns for  
the 1970s were driven by the very narrow base of the rally in the  
early 1970s (the Nifty Fifty era) followed by the deep bear market of  
the mid-1970s.

Doug