[lbo-talk] Inflation/deflation illusion ?

[Alan Rudy]

I read it as saying the decade ending in Sept. 1974, which I took to mean
1965-1974 and shoulda called the "late-60s/early-70s"
either way, I struggle to believe that mid-65-to-the-first-oil-shock was as
bad as the last decade when it came to investments.... and you just told me
there was a weak rally early in the 70s

*********************************************************
Alan P. Rudy
Visiting Associate Professor
Dept. Sociology, Anthropology and Social Work
Central Michigan University
124 Anspach Hall
Mt Pleasant, MI 48858
517-881-6319

On Wed, Feb 11, 2009 at 1:29 PM, Doug Henwood <dhenwood at panix.com> wrote:


>
> 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
>
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