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      10-02-2021, 09:44 PM   #55
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2000cs Yes good points on lack of inflation indexing on pensions and SS. Also, household exposure to equity markets in the 1970s was half of what it is today. So while dividend yields and bond yields were better in the 1970s, fewer households took advantage of the higher yields.

This chart shows the decrease in dividend yields over time, I think it paints the picture pretty well.
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