The Shiller PE Index for the S&P 500 is now at 33.32, about double its median of 16.04 and mean of 17.02 so it could still have a long way to further descend. In December of 1999 it hit 44.19 before it dropped to 14ish over the next few years. Who knows what it will do?
As I learned in the BSA, be prepared!
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 04-04-2025 at 09:43 AM.
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