Subject: Re: OT: S&P versus T-Bills?
1950 is close to a CAPE low; July 2024 close to a CAPE peak.
I chose 1950 as somewhere up thread there was discussion about 1950 onwards.
Jan 1950, CAPE was at the 20th percentile of previous readings at 10.5, rose to 23 in Feb 1966, fell to 6.6 in Jul 1982, rose to 42 in June 2000, fell to 13 in Mar 2009, rose to 37 in Sep 2021, fell to 27 Oct 2022 and is currently 35. So CAPE has trended upwards with a few downward dips.
Aussi