Timon

A Sideways Market For the Next Decade?

I agree with the post, especially given the prospect of a continued longterm increase in oil prices, and the probable negative effect on growth and profit margins. Sideways, in fact, means negative, even assuming low inflation. If inflation averages 3 percent for the next 10-12 years, and the market stays sideways, you've lost 50 percent of the value of your portfolioe