CAPE at 42.15 and Buffett Ratio 238: Bubble Warning Echoes 1999
Two of the market's most respected valuation gauges are flashing levels last seen near the late-1990s peak: the Buffett indicator at 238 and the Shiller CAPE at 42.15. Former NY Fed president Bill Dudley calls the market a bubble, and the 1996-2002 historical arc shows how severely such extremes can unwind.
Source: Matthew Benjamin (us) · fool.com