Estimating market index valuation from macroeconomic trends

Estimating market index valuation from macroeconomic trends

We discuss USA stock market data from 1789 until 2020, focusing our attention on the S&P 500 index (1957–2020). We find that the data can be split into two periods, (1789–1948) and (1948–2020), displaying roughly 2% and 7% growth rates, respectively. The index variations from each trend appe...

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Bibliographic Details
Main Authors: Andrea Afify, Hector Eduardo Roman
Format: Article
Language:English
Published: AIMS Press 2021-04-01
Series:Quantitative Finance and Economics
Subjects:
s&p 500 index
fluctuations and trends
market bubbles
world and usa population growth rates
gdp growth rates
federal funds rate
Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2021013?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/QFE.2021013?viewType=HTML

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