StOTD-4/24/14 5 Highest Cyclically Adjusted Price Earnings Ratio (CAPE) Peaks Since 1900
Today’s ChOTD showed the Cyclically Adjusted Price Earnings Ratio (CAPE) Since 1900. Here are the 5 highest CAPE peaks since 1900 (source:Robert Shiller):
Obviously, 2014 isn’t a peak (yet) but is in the table to illustrate the market’s current expensive valuation.
Read more about this in our May Newsletter at www.jlfmi.com.