200+ Years of Asset Class Returns
I’m a sucker for historical market data.
I know, I know. It doesn’t help you predict the future but it can help shape your expectations to allow you to emotionally prepare for a range of outcomes.
This week someone sent me this Long-Term Asset Return Study done by Jim Reid and team at Deutsche Bank that looks at historical asset class returns going back to 1800.
You have to take any financial market data, call it pre-1950s or so, with a bucket of salt but I still think these numbers can be instructive…
