Indeed, because the level of interest rates at any point in time is highly correlated with the level of nominal economic
growth over the preceding decade, the relationship between starting valuations and actual subsequent S&P 500 nominal total returns is nearly independent of interest rates.
Not exact matches
From 2000 to 2007, local economies that had seen the most
growth in their exposure to competition from Chinese imports
over the
preceding decade (1990 to 2000)-- that is, those in the top 25 percent of all US communities in terms of exposure — saw larger declines in employment.
Over the
preceding decade before 2009/10, general school items and stationery expenditure averaged a
growth of 2.4 per cent each year.
The annualised average
growth rate in global CO2 emissions
over the last three years of the credit crunch, including a 1 % increase in 2008 when the first impacts became visible, is 1.7 %, almost equal to the long - term annual average of 1.9 % for the
preceding two
decades back to 1990.