Many remarkable things about it. Note, that from 1906 to 1940, stocks were essentially flat (with high volatility). That is Japan level abysmal-ness. The slump in the 80s also lasted about 12 years, with two sharp shocks in the middle.
The US has had a high volatility, but flat 13 years, with the near and medium term outlook decidedly gloomy. Will we have 20 years of flat, but high vol, equity prices?
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