{"id":10620,"date":"2014-08-17T16:58:28","date_gmt":"2014-08-17T20:58:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10620"},"modified":"2014-08-17T16:58:28","modified_gmt":"2014-08-17T20:58:28","slug":"shiller-the-market-is-at-one-of-its-most-expensive-levels-of-all-time-and-theres-one-thing-can-take-it-down-business-insider","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/shiller-the-market-is-at-one-of-its-most-expensive-levels-of-all-time-and-theres-one-thing-can-take-it-down-business-insider\/","title":{"rendered":"SHILLER: The Market Is At One Of Its Most Expensive Levels Of All Time&#8230;| Business Insider"},"content":{"rendered":"<p>Joe Weisenthal on Yale Professor Robert Shiller&#8217;s CAPE pricing model:<\/p>\n<blockquote><p>So while it\u2019s true that the market is very expensive right now, based on his measure, [Shiller] notes that it\u2019s difficult to use this information to actually time the market. Just because it\u2019s expensive, doesn\u2019t mean it will go down. Furthermore, the market has been expensive based on his measure for the past 20 years excluding the period of the recent crash, which raises the question of whether there\u2019s been some fundamental change to the economy or markets that would warrant higher valuations.<\/p><\/blockquote>\n<p>Read more at <a href='http:\/\/www.businessinsider.com.au\/robert-shiller-on-the-stock-market-2014-8?utm_source=dlvr.it&#038;utm_medium=twitter'>SHILLER: The Market Is At One Of Its Most Expensive Levels Of All Time, And There&#039;s One Thing Can Take It Down | Business Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Weisenthal on Yale Professor Robert Shiller&#8217;s CAPE pricing model: So while it\u2019s true that the market is very expensive right now, based on his measure, [Shiller] notes that it\u2019s difficult to use this information to actually time the market. Just because it\u2019s expensive, doesn\u2019t mean it will go down. Furthermore, the market has been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/shiller-the-market-is-at-one-of-its-most-expensive-levels-of-all-time-and-theres-one-thing-can-take-it-down-business-insider\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHILLER: The Market Is At One Of Its Most Expensive Levels Of All Time&#8230;| Business Insider&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57,34],"tags":[567,2979,3586],"class_list":["post-10620","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions","tag-cape","tag-robert-shiller","tag-valuation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHILLER: The Market Is At One Of Its Most Expensive Levels Of All Time...| Business Insider - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHILLER: The Market Is At One Of Its Most Expensive Levels Of All Time...| Business Insider - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Joe Weisenthal on Yale Professor Robert Shiller&#8217;s CAPE pricing model: So while it\u2019s true that the market is very expensive right now, based on his measure, [Shiller] notes that it\u2019s difficult to use this information to actually time the market. Just because it\u2019s expensive, doesn\u2019t mean it will go down. 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Average levels for CAPE have shifted over time, and one cannot rely solely on historic highs and lows as a measure of whether the market is over-bought or over-sold.\u2026","rel":"","context":"In &quot;Market Insights&quot;","block_context":{"text":"Market Insights","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/market-insights\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14961,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/03\/15\/why-robert-shiller-is-worried-about-the-trump-rally-bloomberg\/","url_meta":{"origin":10620,"position":2},"title":"Why Robert Shiller Is Worried About the Trump Rally &#8211; Bloomberg","author":"ColinTwiggs","date":"March 15, 2017","format":false,"excerpt":"According to Bloomberg, Nobel Prize-winning economist, Robert Shiller, says he is not buying stocks at present: ....One factor that makes him cautious on American shares is the S&P 500\u2019s cyclically-adjusted price-earnings ratio: While the metric is still about 30 percent below its high in 2000, it shows stocks are almost\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11103,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/13\/robert-shiller-maintains-exposure-to-stocks-wsj\/","url_meta":{"origin":10620,"position":3},"title":"Robert Shiller maintains exposure to stocks | WSJ","author":"ColinTwiggs","date":"October 13, 2014","format":false,"excerpt":"Jason Zweig writes: Many analysts have warned lately that Prof. Shiller\u2019s long-term stock-pricing indicator [CAPE] is dangerously high by historical standards.....If only things were that simple, Prof. Shiller says. \u201cThe market is supposed to estimate the value of earnings,\u201d he explains, \u201cbut the value of the earnings depends on people\u2019s\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15010,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/03\/17\/robert-shiller-is-he-right-that-stocks-are-overpriced\/","url_meta":{"origin":10620,"position":4},"title":"Robert Shiller: Is he right that stocks are overpriced?","author":"ColinTwiggs","date":"March 17, 2017","format":false,"excerpt":"I frequently come across stocks such as Netflix [NFLX], trading on a forward PE of 137 (Morningstar), or even Coca Cola [KO] and Procter & Gamble [PG] that leave me muttering about unrealistic valuations. Nobel laureate Robert Shiller this week commented that he was no longer buying stocks as he\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9779,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/07\/is-the-market-overpriced\/","url_meta":{"origin":10620,"position":5},"title":"Is the market overpriced?","author":"ColinTwiggs","date":"May 7, 2014","format":false,"excerpt":"David Leonhardt published this graph from Robert Shiller in his piece in the NY Times: I have one major issue with this: stock values are based on FUTURE earnings, not PAST earnings. The two are only related if earnings for the past 10 years are indicative of earnings for the\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"Shiller CAPE","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/shiller-cape.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/shiller-cape.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/shiller-cape.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=10620"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10620\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=10620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=10620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=10620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}