(Cape) Fear! Shiller CAPE Ratio At 1929 Black Tuesday Levels (Probability Of Further Rate Cuts Low)

Robert Shiller, the Nobel Laureate in economics from Yale University, has a cyclically-adjusted price-earnings ratio termed the CAPE ratio. And it just rose to the same level as Black Tuesday of 1929, the famous stock market crash.

This post was published at Wall Street Examiner by Anthony B Sanders ‘ June 19, 2017.