Reported 8 months ago
Since 2023, Wall Street has seen significant gains across major stock indexes. Despite strong economic performance, historical data suggests that the stock market rarely sustains continuous upward movement. The Shiller price-to-earnings (P/E) ratio, with 153 years of data, is signaling a potential crash. The Shiller P/E ratio, currently over 35, has historically preceded significant market pullbacks when exceeding 30. While the market's priciness may continue, history indicates a potential downturn in the future.
Source: YAHOO