In the December Monthly Report, we show a chart of Robert Shiller’s cyclically adjusted price-earnings (CAPE) ratio. At a CAPE ratio of 26.1, the stock market is no longer cheap.
I’m James Cloonan, Chairman and Founder of AAII.
I wrote “A Lifetime Strategy for Investing” to help everyday investors simplify their process and make smarter financial decisions, and I very much want you to benefit from its advice.
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