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Stock Prices Fundamentals
Stock Prices Fundamentals
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SSDI
60
50
40
30
20
10
0
1860
1880
1900
1920
1940
1960
1980
2000
Fraction of Stocks
70
60
50
40
30
20
10
0
0
10
20
30
40
50
60
Income Percentile
e2
70
80
90
100
Fraction of Stocks
70
60
50
40
30
20
10
0
0
10
20
30
40
50
60
Wealth Percentile
70
80
90
100
15000
0.3
10000
0.2
5000
0.1
5000
1988
1990
1992
1994
Date
ee
1996
1998
0.1
2000
Returns