This indicator hasn’t flashed this red since the dot-com bubble
Update: 2025-11-06
Description
The “Shiller PE Ratio” is at its highest level since November of 1999. That was at the peak of the online gold rush right before the dot com bubble burst in 2000. Today on the show, we learn what the Shiller PE Ratio is, how it works and whether we should be worried that it’s relatively high right now.
You can find John Campbell's book here: Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone
Related episodes:
What’s a Bubble?
Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
You can find John Campbell's book here: Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone
Related episodes:
What’s a Bubble?
Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
