In the first chart, why does the cumulative outperformance abruptly stop at arbitrary increments? Is that just taking into account that many number of years where one asset outperformed every year until it resets on a year it didn't?Nothing new to the discussion; but JP Morgan had these charts in their current Guide to the Markets. Note that the valuations are not adjusted for sector shifts.
Statistics: Posted by Nathan Drake — Thu May 23, 2024 12:48 am — Replies 6047 — Views 1593270