What the Shiller PE Chart is Telling Me About This Market – Don’s Daily Brief

The markets aren’t really giving us much to go on here.

We’ve got C.P.I. tomorrow, but otherwise it seems pretty listless. Earnings have been a solid map without revealing anything we didn’t already know.

Recession seems to be a foregone conclusion but I don’t see how anybody can claim out there that a recession is priced in the market.

There’s a million ways to arrive at fully priced but you know give me a couple minutes right here and I’ll walk you through one of my favorites… the Shiller PE ratio. Watch the full video for a full rundown of what I’m seeing.

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ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves. The top idea from his daily scan ends up here. For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get Don’s top trade idea each day: https://prosperitypub.com/dailypick