June 18, 2026 | 9:30 AM - 10:20 AM
Do Stocks Outperform Cash? 100 Years of US Equity Market History to Inform Today's Investment Decisions
From the roaring twenties to the present day, a century of US equity market history offers invaluable insights for investors. Experts from Morningstar Indexes and the academic community examine historical market trends through the lens of the CRSP Research database. Topics to be covered in this interactive session will include market concentration, public-to-private convergence, and initial public offerings.
Speakers

Hendrik (Hank) Bessembinder
Arizona State University
Francis J. and Mary B. Labriola Endowed Chair in Competitive Business

Dan Lefkovitz
Morningstar
Index Strategist

Alex Poukchanski
Morningstar
Director of Index Analytics