Reported 2 days ago
The stock market has recently reached an extraordinary Shiller P/E ratio of 38.23, a level only seen three times in 154 years, leading to speculation about an impending downturn. Historical patterns suggest that such high valuations during bull markets typically precede significant drops, with past occurrences linked to major market corrections. Despite this, long-term investing remains key as economic downturns are generally short-lived compared to bull markets.
Source: YAHOO