A Different View of Valuation
The Shiller PE says the stock market is overvalued, but the Shiller PE adjusted for profit productivity suggests it is still cheap!
A personal note to my readers: Soon I will start charging for my research posts. Some will remain widely available, but most will likely go behind the paywall. I appreciate all of my readers and hope you will agree to a small charge to keep receiving my work. If not, Thanks for Taking a Peek! Jimp
Judging the valuation of the stock market has beco…
