Tuesday, August 4, 2020

8-1-20
Updated Monthly

Secular Market Top - Since January 2000

+129.9% Dow       
+235.7% Transports 
+193.2% Utilities

+122.6%  S&P 500
+164.1%  Nasdaq

+ 81.6%  30yr Treasury Bond

+577.8% Gold
  +57.3% Oil
  +72.6% Swiss Franc's
    
From High to Low - Since Year 2000

+ 577.8% Gold
235.7% Transports
193.2% Utilities
164.1% Nasdaq
129.9% Dow
+ 122.6S&P 500
+  81.6% 30yr Treasury Bonds
+  72.6% Swiss Franc's
+  57.3% Oil 

December 1999 Shiller PE10 was 44.19               
August 2000 S&P 500 dividend yield was 1.11%  

Shiller PE10 8-1-20 is 30.49
S&P 500 dividend yield 8-1-20 is 1.82%
[Shiller PE10 & dividend yield is reported using data from the beginning of the month when I update.  It may or may not exactly be the first trading day of the month.]


It is easily seen in the year 2000 the Nasdaq was horribly overvalued and gold was on the give away table, such lopsided returns 20 years later!
DYI

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