Shiller Tag

Employment in the US & Stock Valuations

23 Oct, by Knowledge Leaders Team in Uncategorized

For the last 40 years, the employment to population ratio has been well correlated with equity valuations.As would make sense, when more people are working, income is higher, demand is more sustainable and investors rationally capitalize corporate earnings at a higher rates.  When employment rates...

Stock Valuations and US Male Employment

10 Oct, by Knowledge Leaders Team in Uncategorized

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...