Learned an interesting metric today which many of you will probs already know, The Schiller PE Ratio which among other things measure if the stock market is over priced or not.

"...is similar to the price-to-earnings ratio and is used to determine whether a stock is over-or under-valued."

https://www.investopedia.com/terms/c/cape-ratio.asp

Was reading nostr:nprofile1qywhwumn8ghj7mn0wd68yttjv4kxz7fwwak8vuewwdcxzcm99uq3samnwvaz7tmwdaehgu3wvekhgtnhd9azucnf0ghszxthwden5te0wfjkccte9eekummjwsh8xmmrd9skctcqyz878ujraygjrqvpq7r465du5nelea2rgda2ju232rkgqd343yuu2525h49 posts on X as he was mentioning it.

This ratio is 35 today when much lower in the past meaning the price of stocks is very high compared to the profits they actually produce. Guess this is why they say Stocks are a Ponzi Scheme?

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