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"There's been a huge gap between prices of hot stocks and value stocks that seems absurd".
Yet the direction of causality between prices and investment may also run the other way.
There was a particular discrepancy between prices of corn poppy, whose Turkish name, gelincik, means "little bride".
There is always a lag between prices beginning to rise and companies committing greater sums to find more oil.
Traders on so-called delta one desks try to make huge profits on tiny differences between prices.
There are more people in jobs than ever before but the gap between prices and pay is widening.
Higher demand for labour will then force employers to offer higher pay, narrowing the gap between prices and earnings.
These models mistakenly assume that the volatility of asset prices and the correlations between prices are constant, says Mr Scholes.
"Americans feel squeezed between prices that are rising and incomes that are not," Mark Mellman, a pollster for the campaign, said in a memorandum last month.
Evans-Pritchard also said that import data had become unreliable given massive swings in prices due to the commodity downturn and a divergence between prices and trading volumes.
The widening gap between prices in Manhattan and the suburbs is what Ms. Gass said put this move into the "realm of possibility".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com