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Performance of US equities in the 1970s

Marko Gränitz (guest author), Stagflation, then and now
LGT, May 18, 2022


Performance US-Aktien 1200x750 en.png 679393014

During the 1970s, when inflation rates were very high, the 20 percent of stocks with the lowest valuation – as measured by price-to-earnings ratios – performed significantly better than the highest-valued stocks.


The above chart and excerpt are sourced from the report "Stagflation, then and now", by Marko Gränitz, guest author at LGT, May 18, 2022.