Letters to the Editor
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It's actually not all that bad
Just looking at the S&P 500 close since 1999 ignores the effects of Dividends. So it's both worse (i.e. decline of the dollar) and not as bad as it looks. I think it's foolish to look at the performance of the stock market or even the economy over an arbitrary length of time. There will be volatility. There will be things that we do right, and plenty of things that we do wrong. Instead driving ahead with our sights set on the rear view mirror we should be looking ahead, but knowing what bumps we hit.