9 Charts. Two panel charts showing the monthly S&P 500 and the implied value in the upper panel and the percentage above or below the implied value in the lower panel. Items used for calculating the implied valuation are: 5 year U.S. Treasury Yield, 10 year U.S. Treasury Yield, Long-term U.S. Treasury Yield, Moody's Aaa Yield, Moody's Baa Yield, CPI Inflation plus 2%, CPI Inflation plus 2 1/2%, CPI Inflation plus 3% and the Graham and Dodd Valuation Model.
Last Updated : 05/11/22