US stocks are going to crash. I don’t know when. But they will. US stock market CAPE ratios are near an all-time high, and we haven’t had a double-digit calendar year decline for twelve years. Is that important? Read on for the answer to that question.
Stocks are Going to Crash
Stocks are going to crash. I don’t know when. But they will. US stock market CAPE ratios (a measure of expensiveness) are near an all-time high, and we haven’t had a double-digit calendar year decline for twelve years. In fact, over the past dozen years, we only had one calendar year drop: US stocks…
