In the US, it’s not a stretch to say there’s been a “Roaring ’20s” quality in markets and many parts of the economy — taking a page from the post-World War I boom of the 1920s.
According to economist Edward Yardeni, the new era features Strong Productivity, Growth and Substantial Equity Returns.
– Those investing in the S&P 500 Index at the start of the 2020s have roughly doubled their money.
– Nominal US gross domestic product has climbed almost 34% since the 2020s began.
– Corporate profits have soared more than 50%.
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by PrestigiousCat969
3 comments
Its not roaring like the 1920’s because remember, all the drugs were still legal then. Coca Cola actually had cocaine in it, so it was BETTER than it is right now, less chemicals, pure Colombian.
Now control for population and the increase in the money supply.
The 30s are going to be a real downer.
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