Market will get stronger yet
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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One would be crazy to sell anytime soon with the current forecasts getting much brighter for the market.
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.. though we cannot, while we feel deeply, reason shrewdly, yet I doubt if, except when we feel deeply, we can ever comprehend fully."—Ruskin
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