Slide Image
U.S. equity market since 1900
This chart shows the S&P Composite Index, on a log scale, since 1900. The log scale helps to illustrate the long term patters, namely the distinct periods of range- and trend-bound markets.
This chart shows the S&P Composite Index, on a log scale, since 1900. The log scale helps to illustrate the long term patters, namely the distinct periods of range- and trend-bound markets.