Investing - Theory, News & General • Latest market history paper

When the Equity Premium Was New: How the Baleful Impact of Deflation Eluded E. L. Smith tandfonline.com/doi/full/10 ... 26.2681419 As some on the forum may recall, I made a splash back in late 2023 with my paper, “ Stocks for the Long Run? Sometimes Yes, Sometimes No .” This was a riposte to the conventional wisdom associated with Jeremy Siegel and his Stocks for the Long Run book. I collected new historical data which showed that the 20th century US pattern, in which stocks typically beat bonds