4 ms·
It's inflation, by its very definition. Your dollar is already being devalued. It can buy less SPY shares than before.
by rafale 6y ago
It's inflation, by its very definition. Your dollar is already being devalued. It can buy less SPY shares than before.
- granzymes 6y agoAh yes. SPY appreciation, that famous measure of inflation.
- vmception 6y agowhen comparing all equities pricing metrics to interest rates, they are not nearly as overvalued its like there is one information source where everyone just yells about P/E ratios from the 1980s, and then there is this other unknown wealthier group (or just the aggregate market) that is using P/E/YIELDS and completely calm