Investing Lessons From The 1950's

This Wall Street Journal article reviews some interesting similarities in the economy between today and the time around 1950 and what it might mean for bond and stock performance. One relevent excerpt:

Bonds were for the most part a better investment than stocks until the Fed lifted the cap on rates in 1951. That year the tide reversed and stocks outperformed bonds by 25 percentage points, according to Barclays.