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The Indicator

This indicator hasn’t flashed this red since the dot-com bubble

9 min episode · 2 min read
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Episode

9 min

Read time

2 min

AI-Generated Summary

Key Takeaways

  • What does the Shiller PE ratio indicate about current market conditions?
  • Should investors worry about another dot-com style market crash?

What It Covers

The Shiller PE ratio reaches highest level since 1999 dot-com bubble, sparking market concerns about AI investment parallels and valuation risks.

Key Questions Answered

  • What does the Shiller PE ratio indicate about current market conditions?
  • Should investors worry about another dot-com style market crash?

Notable Moment

John Campbell notes the ratio currently sits near 40, approaching the record 45 peak reached during the 2000 technology boom crash.

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