Spx/real disposable income ratio
Updated
Spx/real disposable income ratio.
How expensive is the market historically.
Normal ratio 50's-84'
Since the orwelian 1984 we have a different story (one wich is about to end).
How expensive is the market historically.
Normal ratio 50's-84'
Since the orwelian 1984 we have a different story (one wich is about to end).
Comment
Ratio will do the following things:Fase 1 LT: go more flat during a stagflation period.
Fase 2 LT: drop during an inflation period.
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