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2 Questions That Will Help Save Your Retirement From Sky High Valuations
For months I’ve warned about the historically high valuations in the stock market right now.
But again, the market continued to rise last week and is now sitting near another all-time high.
As of this writing we’re either sitting at the highest valuations of all time or the second highest of all time depending on which metric you’re looking at.
And the only time valuations were higher was right before the Tech Bubble popped in 2000.
Yes, the market is now higher – far higher – valued than it was right before the Great Depression.
Here’s a picture of the Shiller P/E Ratio (cyclically adjusted P/E Ratio) to illustrate how crazy valuations are right now.