AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
TIP437: Why Does The Stock Market Go Up? w/ Brian Feroldi
We Study Billionaires - The Investor’s Podcast Network
The Annualized Return of the S and P 500 at Periods of High Unemployment
When the unemployment rate is under five %, the annualized return of the s and p 500 is three point nine% per year. But when it's over 9%, that returns are 24 points 5%. So literally six times higher return from if you invest during periods of high unemployment than low unemployment. When there's something really, really bad going on, stock prices typically are down hugely from their high so the earnings yield is lower. And investors tend to pay higher and higher prices for stocks when they're in a good mood. That means that future returns are going to be lower.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode