Stock Valuations and US Male Employment
October 10, 2013
By Uncategorized in
For the last 20 years, valuations on the S&P 500 have correlated pretty well with the 25-54 year old male participation rate in the US. The now 13-year old structural bear market in the US is easy to see. The recent turn down in this participation rate suggest caution on equity valuations.
Tags > employment, S&P 500, Shiller, valuations