==== 2024-10-24 ==== Notes from https://www.barrons.com/amp/articles/goldman-sachs-stock-market-lost-decade-9c9fd595 * the cyclically-adjusted price/earnings ratio uses average trailing 10-year inflation-adjusted earnings * CAPE ratio * Robert Shiller * Nobel Prize-winning economist * popularized the CAPE ratio * technology and communications services now make up about 40% of the S&P 500