tag:blogger.com,1999:blog-31350666.post2741820096291223313..comments2024-03-12T18:10:53.002+11:00Comments on Enough Wealth: Macro Timing the Stock Marketenoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-31350666.post-18025132891794924322014-08-21T09:56:55.231+10:002014-08-21T09:56:55.231+10:00Interesting graph. I'm surprised how close the...Interesting graph. I'm surprised how close the two fit and overall there hasn't been a "deepening" or the reverse in terms of the stock market capitalization relevant to economic activity. I wonder if the story it tells is any different than just looking at the P/E ratio? The potential problem with P/E is it is sensitive to interest rates. So maybe this works better. I don'tDavid Sternhttps://www.blogger.com/profile/16744705511660270649noreply@blogger.com