The Stock Market as a Giant Christmas Tree
I found an interesting graph on Marketwatch today. It’s from Stern Agee, and it shows the history of annual stock market returns for the past 200 years.
Since 1825, the stock market has produced an annual gain 71% of the time, or 134 times, while losing ground just 55 times. A standard distribution chart, which happens to take the shape of a Christmas tree, shows how for most years, the market moves within a range of zero to up 10%.
To see the Marketwatch article click here.