The Stock Market Looks Totally Normal

I’m having a slow start to the 2020s. For one thing, this is my 8th decade, and that seems wrong somehow. I suppose this is what I get for being born near the end of a decade and then blogging near the beginning of another, but still. Eight decades!

Well, let’s start out with a chart, shall we? Here is Tim Duy’s log scale of the stock market, which suggests that everything is ducky. Stocks seem to be rising in value at about the same rate as they have for a long time (outside of the dotcom bubble, of course). What this means is that if you buy stocks because they don’t look overvalued, and then you lose your shirt, you should blame Tim. Just don’t blame me.

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FOLLOW THE MONEY

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And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

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