The stock market went nowhere for 16 years between 1966 and 1982. Inflation and interest rates were the main factors in the 1970s. The Fed is trying to avoid creating a decade of economic choppiness, analyst Sam Stovall says. The 1970s was a period of stagnation, inflation and a group of go-go-go stocks, dubbed Nifty Fifty, led by Polaroid Kodak, Xerox, Kodak and Kodak. When the market crashed in the ’70s, the FAANG stock market was never recovering.Read Long Article
