Sunday, March 6, 2011
Charts for the bears
The folks at The Chart Store keep updating a series of charts on S&P secular cycles adjusted for inflation by the CPI. Or, to be more precise, they update the first (1871 to present) and last (2000 to present) chart in the series of five. The premise is that "there is a good chance that the S&P Composite is in a fourth secular bear market."