Philosophical economics has a some critical discussion of this and similar graphs, e.g. here and more directly here. There is also a lot of discussion of current elevation of profit margins and CAPE, which I found useful.
Thanks, that looks like a great blog.
Philosophical economics has a some critical discussion of this and similar graphs, e.g. here and more directly here. There is also a lot of discussion of current elevation of profit margins and CAPE, which I found useful.
Thanks, that looks like a great blog.