Market Realities: The S&P 500's Actual Trajectory vs. Its Smoothed Growth Curve

This chart projects the actual price path alongside a mathematically smoothed, long-term exponential trend line. The blue dashed line shows the "ideal" trend line based on historical averages, cutting straight through the macroeconomic cycles (like the 2000 bubble and the 2008 crash). Thoughts? submitted by /u/Pleasant-Response-38 [link] [comments]