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Oil, Gold, Bonds for the Long Run?

I find I enjoy analyzing equity markets more than any other. But as I have always said, you must always be objective when reviewing the data. 

And what does that data show?

Stocks have not been the best performing asset class over the past 40 years. Outperformed not just by Oil and Gold, but Bonds as well.

click for larger chart

Percent-Change-1970-2010.png


Originally published at The Big Picture and reproduced here with permission.

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Edward is a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Edward is based in Barcelona, and is currently engaged in research on aging, longevity, fertility and migration, and the impact of all of these on economic growth. He is currently working on a book "Population, The Ultimate Non-renewable Resource?" He is a regular contributor to a number of economics weblogs, including India Economy Blog, A Fistful of Euros, Global Economy Matters and Demography Matters. He was, in fact, a founding member of all these weblogs. Edward follows in detail the Indian, Italian, Spanish, German and Japanese economies. He has a more than a passing interest in the economies of Turkey and Brazil and in the emerging economies of Eastern Europe.

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