Market Anxiety – Are you aware? Shaping the future through inspiration, education and growth in the never ending pursuit of excellence.
US 10 Year Treasury Bond Yield
Shiller PE Index
The cyclically adjusted P/E, or Shiller P/E is defined as price divided by the average of ten years of earnings (moving average), adjusted for inflation, and is commonly used as an indicator of affordability within the stock market. The average Shriller P/E is 16.82, whilst its maximum value was reached in December 1999 at a value of 44.19. With today’s value of approximately 33.67 we should ask a very important question. Where is the stock market likely to go from here?
US S&P 500
Canadian TSX Composite Index
Canadian Trusteed Pension Fund Asset Allocation (Private and Public Sector)