The other day we threw up the Nasdaq Composite chart going back to the 80’s in nominal prices. It’s a bit misleading given how long ago that old record high was (fourteen years is forever in market time). Christopher Mistal at the Stock Traders Almanac creates an inflation-adjusted Nasdaq chart below vs the nominal price plot:
At its present price NASDAQ needs approximately another 18.2% to reach its nominal all-time closing high from March 10, 2000. However, when adjusted for inflation (chart below) NASDAQ needs to climb in excess of 60% as its inflation adjusted high is nearly 7000. Fourteen years of inflation has eroded the dollar’s purchasing power by approximately 40%. In 2014 dollars,

Source:
Inflation Adjusted NASDAQ High Nearly 7000 (Stock Traders Almanac)
[…] benchmark S&P 500 index was posting three new 52-week highs and 35 new lows; the Nasdaq Composite was recording 18 new highs and 257 new […]
[…] benchmark S&P 500 index was posting 32 new 52-week highs and 2 new lows; the Nasdaq Composite was recording 42 new highs and 37 new […]
[…] benchmark S&P 500 index was posting 52 new 52-week highs and one new low; the Nasdaq Composite was recording 36 new highs and 54 new […]
[…] to 17,366.24, the S&P 500 <.SPX> lost 0.24 points, or 0.01 percent, to 2,017.81 and the Nasdaq Composite <.IXIC> added 8.17 points, or 0.18 percent, to […]
[…] percent, to 17,702.36, the S&P 500 gained 11.74 points, or 0.58 percent, to 2,053.06 and the Nasdaq Composite added 35.18 points, or 0.75 percent, to […]
[…] to 17,820.59, the S&P 500 <.SPX> gained 4.77 points, or 0.23 percent, to 2,068.27 and the Nasdaq Composite <.IXIC> added 25.32 points, or 0.54 percent, to […]
[…] 0.04 percent, to 17,825.08, the S&P 500 lost 1.2 points, or 0.06 percent, to 2,068.21 and the Nasdaq Composite added 2.60 points, or 0.05 percent, to […]
[…] Nasdaq Composite […]
[…] occurred when the Nasdaq recently eclipsed its 2000 high. But when including inflation, the Nasdaq is still 40% below the lofty heights of 15 years ago. The excitement is completely […]
… [Trackback]
[…] Read More Information here on that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]
… [Trackback]
[…] Find More here on that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]
… [Trackback]
[…] There you will find 78294 additional Information to that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]
… [Trackback]
[…] Info on that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]
… [Trackback]
[…] Find More on that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]
… [Trackback]
[…] Find More here to that Topic: thereformedbroker.com/2014/02/24/chart-o-the-day-the-inflation-adjusted-nasdaq-composite/ […]