An unexpected decade of prosperity

Why investors don't want this decade to end

Stock traders.
(Image credit: Spencer Platt/Getty Images)

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Hold the champagne: Investors don't want this decade to end, said Lu Wang at Bloomberg Businessweek. "Stocks in the S&P 500 have returned 249 percent in the past 10 years." That's not just better than the historical average — it's happened without the stomach-churning dips the stock market has delivered in other periods. Not every day was smooth sailing. "There was the May 2010 flash crash, Europe's sovereign debt crisis in 2011 and 2012, and China's currency devaluation in 2015." But ultimately the 2010s turned out be "the first decade without a bear market" — the market never fell more than 20 percent from its peak. Even through a trade war and global recession jitters, "magically, the bull market has endured."

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