Hi Clive, RE: Graphic showing "stacked bar" histogram............
Thank you for the explanation. It looked at first glance as though the "cash" and "equity" portions of the graph were not stacked, but Front/Rear since they were almost the same value. I was having trouble understanding 50% cash when it looked more like 90+%.
If I understand you, the "cash" component is calculated based upon the inflation/deflation of the period influencing its relative value to the stock side. Is that correct?
Thanks and Best regards,