I think when your looking at long term index charts you need to...

  1. 249 Posts.
    I think when your looking at long term index charts you need to look at it in inflation adjusted terms otherwise it is more difficult to interpret.

    Another way to describe the chart:  The market capital of the shares that make up the S&P 500 chart are the highest they have been since 2000 based on comparative inflation adjusted real terms.  Are these companies valuations correct?



    See -> http://www.advisorperspectives.com/dshort/commentaries/SPX-Dow-Nasdaq-Since-Their-2000-Highs.php
 
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