I modified my original US stock prices graph to compare the growth rate of real growth (adjusted for inflation) in S&P Composite Index with the nominal price growth.
Annualized growth rate of since 1871:
Nominal stock price return= 4.0%
Real stock price return = 1.9%
You can find data at IrrationalExuberance.com
Post Revisions:
There are no revisions for this post.


Visualizing Economics was started in 2006 by 








