AI
Saturday, July 12, 2003 5:07:08 PM
Zeev, unfortunately I only have Treasury data back to 1953, but I gave it a try anyway and I think I see your point. (:
It's interesting that the "Risk Free" PE actually crossed ABOVE the S&P PE recently, no?
Here's the chart. (Note that it only goes through April of 2003. Professor Shiller hasn't updated his website lately.)
It's interesting that the "Risk Free" PE actually crossed ABOVE the S&P PE recently, no?
Here's the chart. (Note that it only goes through April of 2003. Professor Shiller hasn't updated his website lately.)
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