In this video I briefly go over the article at
https://acting-man.com/?p=54758
The Shiller CAPE Ratio is a really interesting indicator that is pretty good at showing when markets get overvalued in a global sense. The problem with it, the same as any other indicator that compares different large time periods, is that our monetary and financial systems have changed.
It's hard to compare the markets of 2003 to 1903. Lots of things have changed. What we can do though, is look at the relative patters.
That's what I do in this video.
Shiller Data: https://www.multpl.com/shiller-pe/table/by-year
S&P 500 Data: https://finance.yahoo.com/quote/%5EGSPC/history?period1=-630961200&period2=1568433600&interval=1mo&filter=history&frequency=1mo
