I’ve been giving Robert Shiller’s cyclically-adjusted price earnings ratio a run on Greenbackd recently (see 73-Year Chart Comparing Estimated Shiller PE Returns to Actual Returns, On The Great Shiller PE Controversy: Are Cyclically-Adjusted Earnings Below The Long-Term Trend? and How accurate is the Shiller PE as a forecasting tool? What backtested returns does the current PE forecast?). He discusses it in some detail in this interview with Consuelo Mack on WealthTrack:
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h/t Redditor Beren
[…] https://greenbackd.com/2013/04/05/robert-shiller-interviewed-on-cape-and-the-stock-market/ […]
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Thanks for the link. Interesting that he recommends financial stocks rather strongly. I know he has a great long term record, but still…
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Best house in a bad street?
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