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A comment on Money and Investing (1996). Parent comment

Re:Money and Investing (1996) by FL33TW00D on Tuesday March 30, 2021 @12:15PM (#26636456)
The Shiller CAPE is probably a better metric for judging the S&P: https://www.multpl.com/shiller-pe
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Re:Money and Investing (1996) by riffraff on Tuesday March 30, 2021 @01:56PM (#26637932)
Notice Shiller has a more interesting metric, Excess CAPE yield, which also accounts for interest rates[0]. It gives a less negative view of the current equities market, but still shows it as expensive.

[0] https://fortune.com/2021/01/25/stock-market-value-metric-rob...

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