% Since 2000

4-1-2024
Updated Monthly

Secular Market Top - Since January 2000

+246.2% Dow       
+444.5% Transports 
+211.3% Utilities

+257.6%  S&P 500
+302.5%  Nasdaq

+ 33.0%  30yr Treasury Bond

+672.9% Gold
+224.9% Oil
  +76.2% Swiss Franc 
    
From High to Low - Since Year 2000

+ 672.9% Gold
+ 444.5% Transports
+ 302.5% Nasdaq
+ 257.6S&P 500
+ 246.2% Dow
+ 224.9% Oil
+ 211.3% Utilities
+   76.2% Swiss Franc
+   33.0% 30yr Treasury Bonds

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

Shiller PE10  4-1-24 is 35.14  105% above its mean (17.10) since 1871.

S&P 500 dividend yield 3-1-24 is 1.34%  68% below its mean (4.25%) since 1871.

[Shiller PE10 & dividend yield is reported using data from the beginning or end of the month when I update.  It may or may not exactly be the first or last trading day of the month.]

4-1-24
Stock-earnings yield 2.85%
Bond rate 5.16%
Stock-earnings yield/bond yield = 55% of  present bond yield.
Dividend yield/bond yield = 26% of the present bond yield.  
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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!

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