Home market For about 120 years from the 1870s to the 1980s, the U.S. stock market reliably reverted to its lon

For about 120 years from the 1870s to the 1980s, the U.S. stock market reliably reverted to its lon

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For about 120 years from the 1870s to the 1980s, the U.S. stock market reliably reverted to its long-term average valuation, and spent roughly equal time above and below that average.

Nowadays, things are a little different

For about 120 years from the 1870s to the 1980s, the U.S. stock market reliably reverted to its lon

Source: Bloomberg Markets

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