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...