The stock market valuation chart we want now but can't have until 2035 🔮

Plus a charted review of the macro crosscurrents 🔀

📈The stock market rallied to all-time highs, with the S&P 500 setting an intraday high of 6,699.52 on Tuesday and a closing high of 6,693.75 on Monday. The index is now up 12.8% year-to-date. For more on the market, read: The stock market and the economy are diverging 📊

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Many popular valuation metrics suggest that the stock market is expensive, implyin…