Is a Stock Market Crash Brewing in 2026 Under President Donald Trump? The Data Doesn't Lie.

Though the Shiller P/E wasn't introduced until the late 1980s, it's been back-tested to January 1871. Over this 155-year period, the CAPE Ratio has averaged approximately 17.3. But for the last three months, it's vacillated between 39 and 41. The only time the Shiller P/E has been higher than it is now is in the lead-up to the bursting of the dot-com bubble.To begin with, the S&P 500's Shiller Price-to-Earnings (P/E) Ratio is nearing uncharted territory. The Shiller P/E, also referred to as the Cyclically A ...