Stocks Are Nowhere Near Their Real All-time Highs
- Posted by JC Parets
- on January 10th, 2013
Let’s try to keep it real for just a second. Stocks are on fire, no question. And not just US Stocks, but indices all over the world are ripping higher. But we need to put things into perspective and recognize that we are still nowhere near the real all-time highs for stocks. Sure, in nominal terms the S&P500 is just 7% from reaching the 2007 highs. But in real terms, inflation-adjusted, we’re still over 40% away.
Here’s a chart of the S&P500 adjusted for inflation using the Consumer Price Index:
Shouldn’t purchasing power be something to consider when analyzing returns? Lower highs and lower lows is what I see…
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.blog comments powered by Disqus
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. He is a 10-year veteran and Market Technician who actively manages money incorporating Technical Analysis and Behavioral Finance into his practice. JC’s work has been featured regularly on CNBC, Fox Business, Bloomberg, Business News Network, Wall Street Journal and Yahoo Finance among many other financial media outlets. More...
- How To Prepare For a Lower Rate Environment
- Audio: Benzinga Morning Radio Show 5-21-15
- BNN Appearance: Agribusiness Stocks & US Dollars
- Agribusiness is My Favorite Base In The World
- Audio: Benzinga Morning Radio Show
- Here’s Why I like Shorting Disney Up here
- A Not So Happy Cinco De Mayo For the Mexico ETF
- One-Third Of the Year Is Over. Now What?
- What I’m Waiting For To Buy Base Metals
- The Must Follow Podcast: JC Parets
Archive by Year