I do like the Shiller P/E Ratio. It indicates that the stock market is Super Frothy, and does it in a way that looks at real data, not projections.
https://www.multpl.com/shiller-pe
Now, look here....
https://www.fxstreet.com/
Harry Dent builds on the Shiller P/E Ratio, adds a few more helpful indicators (Market Cap to GDP, and S&P Price to Sales Valuation), and even tries to show how low this will go when it bursts.
We don't know The When...and I have been waiting three years now!....but the The What is obvious.
These are the Last Days of Disco People!!!
https://www.youtube.com/watch?v=97RjuC9YeXg
No comments:
Post a Comment