TRUE BORN SONS OF LIBERTY
The memories of elephants
Sunday, August 31, 2014
The broad US stock market presently is valued 58.5% higher than at the end of 2002
At the end of 2002, the Wilshire 5000 (x 1.2) divided by the nominal GDP for the year stood at 0.912. As of June 30, 2014, the same calculation yields 1.446.
You have been warned!
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