More on “The Death of Equities”

Those of you subscribed to this site via the feed will have seen this photo already, but I still thought it was interesting to put it in context. The 8/13/79 BusinessWeek “The Death of Equities” cover is a famously contrarian one, in that shortly thereafter the market began a twenty-year bull run.

Consider the following graph:

Here are the post 8/13/79 returns on the Dow:

  • 1-year: 8.5%
  • 5-year: 50.3%
  • 10-year: 206%
  • To today: 1095%


  1. Death of Equities II

    As long as we are talking magazine covers this morn, I am still waiting for someone (anyone) to find this (previously mentioned here) August 13, 1979 Business Week magazine for me:click for larger graphic Many thanks to Paul for the photo (Does this me…

  2. Does anyone have a copy of this article?