Insurance: Could You Have Too Much of a Good Thing?
Submitted by The Blakeley Group, Inc. on November 26th, 2023
Capital Highlights is published monthly. It is a concise timely summary of US and global market updates that are informative and insightful.
The very big picture (a historical perspective): The very big picture (a historical perspective): The long-term valuation of the market is commonly measured by the Cyclically Adjusted Price to Earnings ratio, or “CAPE”, which smooths-out shorter-term earnings swings in order to get a longer-term assessment of market valuation. A CAPE level of 30 is considered to be the upper end of the normal range, and the level at which further PE-ratio expansion comes t The very big picture (a historical perspective): The very big picture (a historical perspective):Insurance: Could You Have Too Much of a Good Thing?
Submitted by The Blakeley Group, Inc. on November 26th, 2023
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