The years 20002002 each showed negative returns for the major stock indexes, as did 2008. For large
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The years 2000–2002 each showed negative returns for the major stock indexes, as did 2008. For large company stocks, those were the only negative return years since 1990. While investors expected the returns for those years to be positive at the outset, they turned out to be years with negative returns.
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Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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