
@KobeissiLetter•10 minut temu
US stocks are having one of their best decades in history:
The S&P 500 has gained +141.0% so far since the end of 2019.
If this pace continues, the index will finish the decade with a cumulative gain of roughly +277%.
This would rank as the 2nd-best decade on record, trailing only the +316% return posted during the 1989-1999 Dot-Com Boom.
This would also surpass the +257% gain seen during the postwar boom decade of 1949-1959.
By comparison, between 2010 and 2020, the S&P 500 returned +190% following the 2008 Financial Crisis.
The 2020s are shaping up to be one of the greatest decades in US equity market history.