Wednesday, February 6, 2013

CPI Adjusted S&P 500

As the S&P 500 continues to approach its former all time high, below is a long term chart of the index adjusted for CPI.  While we're not too far from the 2007 highs on a nominal basis, the index is still about 11% lower than it was in 2007 on a CPI adjusted basis and 25% lower than the all time high reached in 2000.  The armchair technician in me has drawn a line to point out that we're approaching inflation adjusted resistance.

No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at