I’m not sure how many of my readers will find this interesting, but I did. Even though the stock market has practically doubled in value since the low in March 2009, when evaluating cumulative returns over the prior 10-year period, we’re only up 1.4%. Which is in the lowest decile of quarterly cumulative 10 year returns over the period 1926-2010. One could interpret this to imply that the market still has a ways to go.
