More on “The Death of Equities”

By Paul Kedrosky · March 24, 2005 · ·

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%

Related posts:

  1. Floyd’s Wall of Worry
  2. Wall Street’s bear hunt
  3. Another Avian Influenza Death
  4. Death of the browser
  5. The Death of Distance

Comments

  1. The Big Picture says:
    March 26, 2005 at 12:08 pm

    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. ron says:
    June 14, 2005 at 11:23 am

    Does anyone have a copy of this article?