It May Be Time to Give Your Wealth Plan a Stress Test
Submitted by The Blakeley Group, Inc. on September 25th, 2023
The long-term valuation of the market is commonly measured by the Cyclically Adjusted Price to Earnings ratio, or “CAPE”, which smooths-out shorter-term earnings swings in order to get a longer-term assessment of market valuation. A CAPE level of 30 is considered to be the upper end of the normal range, and the level at which further PE-ratio expansion comes t