Shiller CAPE Ratio Crosses 40, Signaling Caution for Rock Hill Investors
The stock market, after a period of robust gains, is exhibiting a valuation metric that has historically preceded periods of significantly subdued returns. The Shiller Cyclically Adjusted Price-to-Earnings (CAPE) ratio, a widely observed measure of market expensiveness, recently surpassed 40. This threshold has been breached only once before in the last 100 years, specifically in […]