Quote:
Originally Posted by manaboutown
The Shiller CAPE has hit 38.18, more than double its mean (17.17) and median (16). That seems like a very scary high to me so I have for the most part moved to defensive holdings and the largest proportion of cash I have ever maintained
Shiller PE Ratio - Multpl
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I make you right.
Were I still playing the market, I would definitely have taken my profit, and run to to the hills.
All bubbles burst eventually.