This Sky-High Metric Says We're Probably in an AI Bubble

The Shiller CAPE ratio is flashing warning signs.
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The Shiller P/E ratio, a trusted stock-market gauge, just hit its highest level since the dot-com bubble

A trusted market gauge has surged to its highest levels since the dot-com bubble, signaling stocks are the most expensive in 25 years. The Shiller P/E ratio, also known as the cyclically adjusted ...
Wall Street Journal

Stocks Are Expensive. What Does That Mean for Likely Returns?

That's the price-earnings ratio for U.S. stocks, according to a calculation by economist Robert Shiller. His method takes 10 years of earnings and adjusts them for inflation to cover an entire ...