Stats › Long run returns › GDP and returns
China grew 9.4% a year while its stocks lost 5.5%
Eight measurements across three researchers and four sample windows. Not one is meaningfully positive. Sources: Ritter 2005 and 2012, Dimson Marsh Staunton as cited by Ritter, and Estrada 2012.
Shareholders own claims on companies that are already listed, not on the economy. Across countries since 1900, faster economic growth has come with slightly lower stock returns, not higher. Buying the fastest growing economy has no track record behind it.
Members only
The rest of this page is for members
Below this point there are 7 sections, 2 charts and 5 named sources, roughly 800 words of it. Every figure carries the source it came from and the date the data is from.
You can keep browsing every statistic in the library for free. The intro and the summary are always open.