Greed just broke 17 - If you're laddering out, it's time for another 20% (3 of 5 steps)
Hey everyone,
Just a heads up, the Shiller PE has broken through 41 and has deviated by 17.04 from its historical trend. This is the second time in history this has occurred, the only other time being the Dot-Com Bubble of the late 1990's, where Greed went as high as 22.08 in April, 1999.
Just before The Great Depression, it deviated 16.89 before the downturn.
If you want to be mathematically Fearful while everyone is Greedy, this is about as close as you're going to get.
Enjoy the exuberance.
https://social-archiver-api.social-archive.org/media/archives/arc/RMxmHcofjw/media/0.webp
https://social-archiver-api.social-archive.org/media/archives/arc/RMxmHcofjw/media/1.webp
[!warning] Media Unavailable (3)
This video could not be downloaded (download failed).
Original URL:https://www.reddit.com/gallery/1ohplbp