
Japan, the US, Bubbles and Deflation
December 6, 2009 new update
Here is a series of real (inflation-adjusted) monthly close charts of the Nikkei 225 and the S&P 500 since 1970 with their respective annualized rates of inflation shown below. This series also includes an overlay chart with the two index peaks aligned. The overlay retains Japan's inflation to illustrate a point discussed later in this post.
Bear Turns to Bull?
December 4, 2009 updated each market day
The S&P 500 closed the day up 0.54%, which gives us a weekly gain of 1.7%. The index is 63.5% above the March 9th close, which is 29.3% below the peak in October 2007. Here is a StockCharts.com snapshot showing the relationship of the S&P 500 to its 50-and 200-day simple moving averages.

No comments:
Post a Comment