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Economy

golfguru

(4,987 posts)

17. Only reason Shiller PE is near 1929 numbers is....

Reply to Kolesar (Reply #10)

Tue Jan 10, 2017, 01:43 AM

Jan 2017

ZIRP. There has been simply no other place to put the money. Bonds are riskier at these interest rates than unprotected sex in a bath house.

Shiller PE reached 30 just before the 1929 crash. Right now it is at 28. It has not been this high since 1929 except for one short period during the internet bubble.

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The US under Obama has outperformed the world &the market thinks Trump can do better: SELL 8Dec016 [View all] Kolesar Dec 2016 OP

Myself as well cilla4progress Dec 2016 #1

I sold off over 6000 shares of my bank stocks.....equity fund.. Historic NY Dec 2016 #2

Moi aussi. nt. marybourg Dec 2016 #3

Trumps Infrastructure Plan Is a Full-on Privatization Assault Kolesar Dec 2016 #4

Sell, Rebalance or change allocation ??? Yonnie3 Dec 2016 #5

That was quite well written Kolesar Dec 2016 #6

It is hard to be completely comfortable with any allocation. Yonnie3 Dec 2016 #7

For years I have been hearing that Obama's success was only due to "easy money" Kolesar Dec 2016 #10

Only reason Shiller PE is near 1929 numbers is.... golfguru Jan 2017 #17

Did that before the election. westerebus Dec 2016 #8

The Purchasing Managers' Index is above expectations: that won't last Kolesar Dec 2016 #9

He made a similar call in 2015 Yonnie3 Dec 2016 #11

wouldnt be surprising to see U.S. equities down as much as 20 percent in the first half of the year Kolesar Dec 2016 #12

Insight on bonds? Don't I wish. Yonnie3 Dec 2016 #13

"The bond market sell-off is an indication investors are continuing to digest unknowns, ... Kolesar Dec 2016 #14

Tipswatch.com is fun Kolesar Dec 2016 #15

Summers Warns of Financial-Crisis Risk From Trump Economic Plans Kolesar Jan 2017 #16