otkaznik (otkaznik) wrote,

Пенсия худеет, а брокер утешает

"Over the last six decades, it turns out, the stock market on average has performed better when the nation's unemployment rate was higher than when it was lower.
It's quite a marked difference, in fact. Consider a study conducted by Ned Davis Research, the quantitative research firm, in which the performance of the Standard & Poor's 500 index [SPX] since 1948 was correlated with different levels of the unemployment rate.
According to the firm, the S&P 500 produced an average annualized gain of 13.5% when the unemployment rate was above 6%, in contrast to just 2.1% when it was at or below 4.3%. When the unemployment rate was in between 4.3% and 6%, the S&P 500 produced an average annualized gain of 5.2%. Needless to say, we currently fall squarely in the 'above 6%' category, with the nation's unemployment rate rising earlier this month to above 7%."
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