We’re seeing the investing adage “stocks climb a wall of worry” play out before our eyes.
The S&P 500 (SNPINDEX: ^GSPC) is near its all-time high
However, consumer sentiment is near a record low. Inflation is rising. The odds are high that the Fed will be forced to raise rates over the next few months.
Is it really safe to invest in the S&P 500 right now? History offers a clear answer. Warning signs from the past The S&P 500 Shiller CAPE (cyclically adjusted price-to-earnings) ratio is one of the best market valuation metrics.