# Prof. Richard Sylla on recent stock return patterns

1 Faculty News March 13, 2013 ![The Washington Post logo](/sites/default/files/styles/246w/public/assets/images/con_031074.jpg?itok=f6OME_Rm)>

Excerpt from [The Washington Post](http://www.washingtonpost.com/opinions/robert-j-samuelson-a-new-bull-market--or-a-bubble/2013/03/13/bfa41dbe-8bf0-11e2-b63f-f53fb9f2fcb4_story.html) -- “'The cycles of overall returns haven’t changed much in two centuries,' [Sylla](http://www.stern.nyu.edu/faculty/bio/richard-sylla) said in an e-mail. 'The market is as risky and potentially profitable as it was a hundred and two hundred years ago.'”

[Read more](http://www.washingtonpost.com/opinions/robert-j-samuelson-a-new-bull-market--or-a-bubble/2013/03/13/bfa41dbe-8bf0-11e2-b63f-f53fb9f2fcb4_story.html)