Underlying inflation measures, which, along with the CPI, tend to produce
similar average inflation rates over a run of years, fall into two broad categories (Table 1).
Not exact matches
Low returns have followed characteristics that are more
similar to today — a CAPE ratio in the mid-20's, where dividend yields, bond yields, and
inflation were below
average.
Think about it this way: Using the
average individual benefit of $ 1,341 per month in 2016, finding a
similar investment paying the same amount for as long as you live, with
inflation adjustments and survivor benefits for your spouse, would cost nearly $ 450,000.
Averaging over some 350 high - galactic - latitude patches of sky
similar in size to the region observed by BICEP2, Puget reported that polarization from interstellar dust grains plays a significant role and might account for much of the BICEP2 signal that had been attributed to
inflation - generated gravitational waves.
Low returns have followed characteristics that are more
similar to today — a CAPE ratio in the mid-20's, where dividend yields, bond yields, and
inflation were below
average.