(Webinar Replay) CAPE Fear: Why CAPE Naysayers are Wrong

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Rob Arnott discusses US CAPE ratios which are at levels previously reached only in 1929 and during the tech bubble. Should we fear the lofty valuation multiples, or should we fear the CAPE ratio itself because of its notorious unreliability in picking market peaks and troughs?

See 2017 Hedge Fund Letters.

CAPE Fear: Why CAPE Naysayers are Wrong

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