The Coast Is Not Clear – Signs of an Impending Major Stock Market Crash

businessman man person hand

Despite the recent correction, and regardless which popular metric you use; PE, Shiller’s CAPE Ratio, or Buffett’s Market to GDP comparison; this is one of the most expensive markets since 1923. The other two were the 1929 and 2000 markets and we know how those turned out. Incidentally, 1923 was the year the “Composite Index” was introduced, the S&P 500’s precursor. The record shows that, while stock prices can continue at elevated levels for a long time, they eventually reverse to the mean. That can happen in one of two ways. Either the market goes sideways for a long time…

error: Content is protected !!