My Two Cents

The Lost decade?

Chris Farrell Jul 22, 2008

From economist Ed Yardeni’s newsletter this morning:

Ten years ago the S&P 500 was at 1186.75. The S&P 500 closed at 1260.00 yesterday, up just 6.2% over the entire 10-year period. In other words, investors in an index fund based on this widely followed measure of “the stock market” would have slept better keeping their money under their mattresses.


As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.