U.S. stocks are up late afternoon Friday, in a choppy trading session, with all three major benchmarks on track for weekly gains. Read More...
Motley Fool
Here’s Why This Won’t Be Another “Lost Decade” for Stocks
There have been only two decades since 1930 when the stock market produced negative returns: the 1930s itself, when the S&P 500 lost 0.2% because of the Great Depression, and the 2000s, when the dot-com bubble, terrorist attacks, and the collapse of the financial industry and housing market all conspired to drag down the index by 0.44%. It shows not only that so-called “lost decades” are extremely rare events, but also the stock market is the place to be if you want to create generational wealth over the long term. The broad market index is in bear market territory, down 20% so far this year.
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