Subject: Re: OT: S&P 500 Valuation
'Unfortunately, there is no sign that lights up when we reach an extreme.'

From a quick search on Buffett's favourite yardstick, which he admits is flawed. But still. Perhaps a concern.

'For the U.S., the Buffett Indicator is now 182%. As of July 2023, the total U.S. market cap (generally based on the Wilshire 5000 index) was $48.97 trillion, and annualized GDP was $26.91 trillion. The ratio fluctuates with the stock market, but 82% into overvalued territory by most standards is noteworthy.'

My personal attitude as someone still working and saving, is: Don't attempt to time markets. But no need to be a total idiot about it.