Since the early 1990s, with only a brief exception at the worst of the 2008-09 bear market, the U.S. stock market valuation has been considered “high” to “ridiculously high.” This is illustrated in Chart 1, which shows the Shiller CAPE Price/Earnings (P/E) multiple since 1900.
Dec
17
2019
Maybe Valuations Are Reasonable?
Login
For full access, please enter your credentials.
Not a Subscriber?
If you are interested in subscribing to The Leuthold Group, contact us online or give us a call at 612-332-1567.
Contact UsAbout The Author
Perception for the Professional
June 2025 Issue
Featured Articles
Sector Navigator
June 2025 Issue
Recent Tags
Selloff
(1)
Recession
(70)
Growth
(120)
Value
(132)
Germany
(4)
Dreams and Nightmares
(5)
Yield Curve
(86)
Election
(11)
China
(45)
Dollar
(56)
Gold
(84)
Easing
(1)
Market Rotation
(2)
CPI
(171)
Inflation
(585)
Factor Performance
(18)
Japan
(48)
Yen
(7)
Wealth Effect
(9)
Bank Lending
(1)