1/ what units is the Y axis in?https://twitter.com/acczibit/status/1462882226174152713 …
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Also pretty important to have a look at what the denominator is doing. The “compared to what” part is so often glossed over.
Morlock for the whitepill again.
Stonks are very expensive on virtually any metric but anyone posting a linear chart like this as if it has informational content should just be ignored
These appear to be yearly OHLC prices in for the S&P in USD, inflation-adjusted for 2016. The index is now 2x that price today, but I'm not sure if that is reflective of true growth or not.
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