Re: Whither the markets?
From 1824 to 1942. Gain of 7 pct. In 1 yr 10.6 months. Ot annulled return of 3.4 pct. Throw in 2 Oct fiv. Market returned 5.4 pct per yr.
Ok. So I guess with hindsight we can say mkt beat CDS handily.
Re: Whither the markets?
From 1824 to 1942. Gain of 7 pct. In 1 yr 10.6 months. Ot annulled return of 3.4 pct. Throw in 2 Oct fiv. Market returned 5.4 pct per yr.
Ok. So I guess with hindsight we can say mkt beat CDS handily.