Rekenthaler Report

The 30-Year Outlook for U.S. Stocks

John Rekenthaler

Looking Ahead
Tuesday's column discussed the primary investment lesson over the past 30 years: Own equities. Own as much as possible for as long as possible. To a first approximation, it was never wrong to buy stocks, and never right to sell them.

Today's installment addresses the more difficult task of looking forward. It's one thing to appreciate how successful equities have been. It's quite another to determine whether their marvelous results will continue.