TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Monday, December 21, 2009

2000-2009: The Worst Decade for Stocks. Ever.

Stock Market

Wall Street Journal, Investors Hope the '10s Beat the '00s: Since End of 1999, U.S. Stocks' Performance Has Been the All-Time Clunker; Even 1930s Beat It:

The U.S. stock market is wrapping up what is likely to be its worst decade ever.

In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. ...

With two weeks to go in 2009, the declines since the end of 1999 make the last 10 years the worst calendar decade for stocks going back to the 1820s, when reliable stock market records begin, according to data compiled by Yale University finance professor William Goetzmann. He estimates it would take a 3.6% rise between now and year end for the decade to come in better than the 0.2% decline suffered by stocks during the Depression years of the 1930s.

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Comments

Is there any analysis of the worst rolling 10-yr periods? The decade markers are somewhat arbitrary...

Posted by: Derek Watson | Dec 22, 2009 7:10:39 AM