Timing The Bubble Top: Circular Spending And Powell's Warning

The S&P 500 ( SP500 ) finished the last week trading at a Shiller P/E ratio of 39.84, that's just below the 2000 dot-com bubble levels and around 135% above the median/average value of 16/17. Thus, IAnalyst’s Disclosure:I/we have a beneficial short position in the shares of SPX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship wit ...