It sure sounds like it’s time to check my 401k and get out of US stock based funds while there’s still something left.
The current Shiller PE ratio is over 40. The only other time it was that high in recorded history was 1999 into 2000. And that uniquely crazy time was due to… lemme just check my notes… a massive tech bubble. Fantastic.
It sure sounds like it’s time to check my 401k and get out of US stock based funds while there’s still something left.
The current Shiller PE ratio is over 40. The only other time it was that high in recorded history was 1999 into 2000. And that uniquely crazy time was due to… lemme just check my notes… a massive tech bubble. Fantastic.
The mean and median for the ratio are both below 20. I like the graph on this site: https://www.multpl.com/shiller-pe
(for anybody not familiar, the PE ratio or P/E stands for price/earnings, or how high the stock price is relative to how much money the company makes)