When we talk about the economy, we tend to focus on the near term and the future. Sometimes it is good to have a longer term look back.
After the "oil shock" decade of the 1970s with the rapid inflation and recession ending in the early 80s, the DJIA went on a two-decade flight.
Now it appears that the last decade has been the beginning of a long glide path downward. The market seems to be telling us something.
Meanwhile...
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Just saying....