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Posted by Richard640 @ 23:30 on June 29, 2017  

Robert Shiller: “The Index I Invented Is At Levels Last Seen In 1929 And 2000”

With the Shiller CAPE index having surpassed the 30x for the first time since September 2001, its creator, Nobel Laureate and Yale School of Management Economics Professor Robert Shiller is warning investors that they should be cautious about investing in such an “unusual” market.
“… the CAPE index that John Campbell and I devised 30 years ago is at unusual highs.

 

The only time in history going back to 1881 when it has been higher are, A: 1929 and B: 2000.”

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.