Re: BCP - Novo Tópico Geral
Enviado: 22/2/2018 21:03"Robert Shiller Warns S&P 500 CAPE Ratio Is At “Concerning” Levels (IVV)
July 1, 2017 7:39am NYSE:IVV
"From Tyler Durden: With the Shiller CAPE index having surpassed the 30x for the first time since September 2001, its creator, Nobel Laureate and Yale School of Management Economics Professor Robert Shiller is warning investors that they should be cautious about investing in such an “unusual” market."
“… the CAPE index that John Campbell and I devised 30 years ago is at unusual highs.
The only time in history going back to 1881 when it has been higher are, A: 1929 and B: 2000.”
“We are at a high level, and its concerning.”
"However, the index has risen to these levels before without precipitating an immediate collapse, Shiller said. Indeed, during the history of the stock market, it has only traded at a richer valuation during one period – June 1997 to September 2001 – as the dotcom farce blew and burst. Historical data for the index is available going back to 1881."
“I think people should be cautious now. We have a high market. That doesn’t mean I would avoid it all together. One can invest abroad also, the US has an unusually high stock market compared with other countries, or one can invest in low cape sectors.”
https://etfdailynews.com/2017/07/01/rob ... evels-ivv/
July 1, 2017 7:39am NYSE:IVV
"From Tyler Durden: With the Shiller CAPE index having surpassed the 30x for the first time since September 2001, its creator, Nobel Laureate and Yale School of Management Economics Professor Robert Shiller is warning investors that they should be cautious about investing in such an “unusual” market."
“… the CAPE index that John Campbell and I devised 30 years ago is at unusual highs.
The only time in history going back to 1881 when it has been higher are, A: 1929 and B: 2000.”
“We are at a high level, and its concerning.”
"However, the index has risen to these levels before without precipitating an immediate collapse, Shiller said. Indeed, during the history of the stock market, it has only traded at a richer valuation during one period – June 1997 to September 2001 – as the dotcom farce blew and burst. Historical data for the index is available going back to 1881."
“I think people should be cautious now. We have a high market. That doesn’t mean I would avoid it all together. One can invest abroad also, the US has an unusually high stock market compared with other countries, or one can invest in low cape sectors.”
https://etfdailynews.com/2017/07/01/rob ... evels-ivv/
