The following is a guest post in our GBTA Ladders Blog Series. The GBTA Ladders program is a unique mentor program designed to help develop the passion and skills of business travel professionals enabling them to help solve the major challenges facing business travel.
Jarred and brined nonpareil capers, which cost about $2.00 for the same amount, are fine and you can look for either a good house brand, e.g., Whole Foods, or a quality brand like Roland, which specializes in fine imported food products. An 8 oz. jar of caper berries will cost about $5.00.
CAPE is calculated by taking the S&P 500 and dividing it by the average of ten years worth of earnings. If the ratio is above the long-term average of around 16x, the stock market is considered expensive. Currently, CAPE is way above it's long-term mean at 25.4x.