So staff are less confident in their PE teaching abilities and there has been a steep drop in the numbers of children doing two or more hours exercise a week.
Of course, they do have the option to lift their allocation ceilings to make room for new PE commitments, and available survey evidence suggests a minority may be doing so.
Because the market was so high about a decade ago--dividend yields got down to about 1% and PE got up to almost 40 times--as I say in my book and as I said in the speech I gave at Princeton called "Don't Count On It, " if you think the stock market is going to give a positive return in the next decade, don't count on it.