SPX Real Value ATH? Repeat 25 year 1930-1955 recovery fractalMeasuring SPX real valuation (SPX versus money supply)
Spx is on its way to recovering the 2000 all time high that wa seen in the dot com bubble.
The real valuation has never recovered this point.
This fractal is very similar to the 25 year recovery from the 1930 crash
is this lining up for continued bullish momentum into a new territory of value for Equities as Ai ushers in real value creation to companies and economies in the US and around the world.
Hmmmm. Bullish?
Rethinking this after Real valuation highs have been broken (see related posts) and since i believe that this is justified since technological innovation is driving more value to equity versus other investment types (bonds, commodies, maybe even land) .
*****Land is interesting since new technology makes land more productive you actually need less of it to do the same things. very very interesting, but i would not count against it as a store of value as more dollars are printed.***
fun times.
lets see what this looks like in the future