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We estimate that a 'fair price' for the market is a Shiller PE of around 16. With the market at close to a Shiller PE of 26, the market is overvalued by about 60%. Now is not a historically good time to initiate a position in the S&P500.
Read More »Today’s Shiller PE Suggests the Stock Market Is Overvalued By 60%! (+2K Views)
