I made a mistake. As of JP Morgan's Q42018 Guide to the Markets, retailers have returned 2.6% over the past 20 yrs to 2.1% inflation. Note: retailers that have done exceptionally well have likely obscured reality, which is likely much, much worse.
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I made a mistake. As of JP Morgan's Q42018 Guide to the Markets, retailers have returned 2.6% over the past 20 yrs to 2.1% inflation. Note: retailers that have done exceptionally well have likely obscured reality, which is likely much, much worse.