DEC-1982
Full time employment: Posting here.
The economy has been chugging along for the last 8 years, and seems likely to do so. The default alternative to equities, bonds, doesn't look great.
On an aside, the currently high CAPE will "naturally" come down as low profits from the 2007-2009 recession are taken out of the CAPE and replaced by better profits. It's hard to imagine that 2017-2019 profits will be as bad as the profits from 2007-2009 but you never know.
On an aside, the currently high CAPE will "naturally" come down as low profits from the 2007-2009 recession are taken out of the CAPE and replaced by better profits. It's hard to imagine that 2017-2019 profits will be as bad as the profits from 2007-2009 but you never know.