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Economy
Pre-Crash indicator: Shiller P/E At Second Highest Level Ever
from McAlvany Financial:
Pre-Crash indicator: Shiller P/E At Second Highest Level Ever | McAlvany Weekly Commentary
VIDEO:
This week we are talking about Pre-Crash indicators while investors sing the asset bubble song: “Don’t worry, buy happy!” The Volatility Index sets new record for complacency. VIX this month is the most complacent in history! Then we discuss are stocks to high? The same questions was asked 30 years ago before the October 19 1987 crash. Finally the Shiller P/E is at second highest level ever, is this a pre-crash indicator that investors are ignoring? Thanks fro watching this week’s commentary.