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S&P Index for 137 years

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Here is the regression trend on S&P index. However, take this data with a pinch of salt, as S&P 500 didnt exist back in 1870 (it is just an extrapolation of a trend) and most of the American bluechips came after the Long Depression of 1870s.

Companies came during or end of Long Depression:

Standard Oil (1870) – mother of most oil companies today, including XOM, Goldman Sachs (1882), AT&T (1880-85), J&J (1887), GE (1890), JP Morgan (1895), Ford (1903)

Still, this chart has some insight.

image

Source: Dshort.com

Written by econjournal

March 6, 2009 at 8:24 pm

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