Tag: booms
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The booms and busts of stockmarkets in the 20th century
Economist: The booms and busts of stockmarkets in the 20th century A MATHEMATICALLY illiterate look at the ups and downs of stockmarkets in the 20th century suggests that gains made during the three great bull markets vastly outweighed the losses made during the bear markets. That is not necessarily the case. It is impossible for…