Investment strategies for volatile markets
Global Investor, 03/2007 Credit Suisse
Global Investor, 03/2007
Credit Suisse
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GLOBAL INVESTOR 3.07 3.07 Lead — 09<br />
1970–1983<br />
120<br />
Bubble<br />
110<br />
100<br />
Bear Bull market<br />
market Phase 1<br />
Bull market<br />
Phase 2<br />
12<br />
90<br />
80<br />
70<br />
60<br />
50<br />
40<br />
10<br />
US real equity returns<br />
8<br />
6<br />
4<br />
2nd<br />
period<br />
of turbulence<br />
3rd<br />
period<br />
of turbulence<br />
4th<br />
period<br />
of turbulence<br />
2<br />
1935<br />
1940<br />
1945<br />
1950<br />
1955<br />
1960<br />
1965<br />
1970<br />
1975<br />
1980<br />
1985<br />
1990<br />
1995<br />
2000<br />
2005<br />
2010<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1997–2010?<br />
110<br />
100<br />
90<br />
Bubble<br />
Bear<br />
market<br />
Bull market<br />
Phase 1<br />
Bull market<br />
Phase 2<br />
80<br />
70<br />
60<br />
50<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
0<br />
Bull market<br />
Bull market
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