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Consumer prices and asset prices have decoupled. Most consumers don’t have direct access to cheap FED money and the trickle-down effects (startup boom) have ha
by konschubert 6y ago
Consumer prices and asset prices have decoupled.
Most consumers don’t have direct access to cheap FED money and the trickle-down effects (startup boom) have had limited impact on average wages.
- alexpetralia 6y agoYes personally I would look at the rising CAPE as an indicator of asset inflation (too much capital chasing too few earnings).