Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
As expected, the lower the ratio, the better the returns. But the relationship isn't exactly linear. Here's Garthwaite's chart. At current elevated levels, the Shiller PE is signaling a period of ...