Price of the paper vs. value of the real

Steven Welzer
May 3, 2021

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Stocks are a type of financial paper. They’re supposed to have some relation to economic reality.

The above graph shows the relation between stock prices and the actual revenues of the corporations in the SP 500.

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Steven Welzer
Steven Welzer

Written by Steven Welzer

A Green Party activist, Steve was an original co-editor of DSA’s “Ecosocialist Review.” He now serves on the Editorial Board of the New Green Horizons webzine.

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