Markets Hover Near Record Valuations, Echoing the Dot-Com Era
U.S. stocks sit at record highs while the Shiller CAPE ratio climbs toward the dot-com era peak (about 44), currently around 41, signaling valuations may be stretched relative to earnings. The piece stresses that CAPE isn’t a crash predictor but argues for selective investing—favoring financially strong companies—while noting Nvidia’s prominence in the rally and warning about AI-driven hype.