Long Term Macro Outlook (M, Log Scale)

SP:SPX   S&P 500 Index
Attn: Chart is in Log Scale.

A quick analysis of long term market outlook with historical context since 1970's. Not all recessions are covered, only those with -30% or more drop.

For additional references, I have included the TVC:TNX             (Blue Line) and FFR             (Black Line).
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