Articles & Insights
Tacita Capital Commentary  |  15 May 2010

The Real Deal

It is easy to forget the picture of long-term economic growth given today’s turbulent markets. In 1925, the U.S. gross domestic product was $90.6 billion. By 2009, the GDP had grown to $14.3 trillion. This equates to a staggering 157-fold increase as a 6.2% annual average growth compounded over 84 years (see the following graph). Read more >