Market Returns through a Century of Recessions

  • September 13, 2022

What does a century of economic cycles teach investors about investing? DFA’s interactive exhibit examines how stocks have behaved during US economic downturns. Markets around the world have often rewarded investors even when economic activity has slowed. This is an important lesson on the forward-looking nature of markets, highlighting how current market prices reflect market participants’ collective expectations for the future.

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