Daily Archive: December 15, 2010

Dec 15

S&P500 Appears Overvalued

The Shiller PE ratio has been a pretty useful guide over the years as to whether the US sharemarket in general is over or undervalued. The above chart shows this statistic to the end of November  where it has the value of 21.8. Compared to its historic average (16.4) the S&P500 is around 33% overvalued …

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