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 |
The Buffett Indicator is over 200%. So, I am very cautious and would only invest in individual stocks which might not fall as much in a big selloff. Dell and GOOG at the moment seem reasonably valued and less likely to fall horribly if there is a crash. On the other hand, there is a lot of cash tied up in money market accounts which will help the market as interest rates go down. Be safe out there.