The SP 500 Has Doubled Twice in 10 Years

The $SPX has doubled twice in ten years.

From 10/02 to 10/07, the index doubled from 768 to 1576.  From 03/09 to 02/11, the index doubled again from 666 to 1344.

Still the $SPX is flat over the the past 12 years.

As Maurice White never sang, “As we churn, so we burn.” …