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The cyclically adjusted price-earnings ratio, or CAPE ratio, proposed by Dr. Robert Shiller, a Nobel prize laureate in Economics in 2013, reflects the real P/E ratio of a stock. CAPE Ratio = Share Price / 10-Year Average Inflation-Adjusted Earnings
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Ethan Yu 余崇漢 Prime
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景氣循環週期－榮景期 往往會有『消費支出』相較『可支配所得』更早出現增長的趨勢。透支消費使景氣轉熱，達最後擴張榮景。
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《財基地》 Prime
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北向資金（俗稱陸股通）是外資進入Ａ股的主要通道，佔比超90% 觀察北向資金流向與Ａ股走勢，可判斷兩者關係，作為判斷Ａ股未來走勢的參考 北向資金 增速 > 滬深300 增速，代表外資主導Ａ股 北向資金 增速
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美國-S&P 500, NASDAQ指數, 道瓊工業指數
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Asia Stock Market Equity Risk Premium (w/US 10 Year Treasury Yield)
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