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BallaJi
Sep 26, 2023 12:40 PM

SHILLER P/E RATIO ... Went Higher than 1929! Short

Shiller PE Ratio by MonthMULTPL

Description

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 the scene
and when #DEFLATION takes hold.

They're are actively rugging the markets

The FED always creates volatile markets the exact opposite of their mandate
As this is what their shareholder actually want.

Trade active

looks like heading to that 24.5 neckline

Comment

Right shoulder?
We're back at the 1929 ratio
What next?
More