Only Twice in 150 Years of US Equities
has the Shiller PE ratio gone higher than the 1929 TOP
2000 & 2022
The Shiller PE is useful as it smooths out the PE ratio over a 10 year average ...
very useful for forecasting.
The financial markets have been perverted & all know this.
The #FED can only print and save your Assets
after a financial crisis appears on...
We broke strong resident (1.35)
just a quick break then take off
my short term target is around 2.2 but if we broke chanell upside my target will change to 4-8-10-12-16