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Hm, interesting article but I wish they had included global data as well. For example, stock market crashes in Japan and other countries. As I understand it, Japan still hasn't quite recovered from its crash more than 30 years ago.

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The US stock market has been an outlier for the last 150 years. Predicting that the US stock market will be an outlier for the next 150 years seems unlikely. A better predictor is likely global stock market performance, which leads to a much less rosy prediction.

Mostly because of the restrictive Plaza accord[1] and tariffs[2].

[1] https://en.m.wikipedia.org/wiki/Plaza_Accord

[2] https://edition.cnn.com/2019/05/24/business/us-china-trade-w...

Tariffs... sounds familiar.

I made sure I had Smoot Hawley on my bingo card for this year.

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