alt Hacker News> Can public markets go higher? Shiller P/E is closing in on the peak of the dot-com bubble:
Shiller PE is near 44. Japan had an equivalent price to earnings ratio of over 70 during their 1989 bubble.
> Can public markets go higher? Shiller P/E is closing in on the peak of the dot-com bubble:
Shiller PE is near 44. Japan had an equivalent price to earnings ratio of over 70 during their 1989 bubble.
Hm, wasn't Japan's bubble in part due to easy credit? Are we going to see easy credit in the US given recent memories of inflation?