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Closed-End Fund Commentaries

“Shiller P-E” Still Wrong Signal 

Aug 7, 2017
Click here to access "Shiller P-E" Still Wrong Signal

For many years now a relatively large contingent of
analysts, investors and journalists has been convinced the stock market was in a bubble because the “Shiller P-E” ratio was just too high. Back on 8/12/2013, in our Monday Morning Outlook, we made our case that the Shiller model was too pessimistic. Now that looks like a pretty good call.

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