The Stock Market Is Flashing a Warning Sign Rarely Seen in 145 Years. Here's What History Says Comes Next.

Key Points The CAPE ratio is almost 41, a level only exceeded just once before. A high CAPE ratio shows that stocks are expensive, but it cannot tell investors when or if a crash will happen. Investors should focus on strong businesses and long holding periods instead of trying to time the market. 10 stocks we like better than S&P 500 Index › The stock market is rarely boring, but 2026 has seemed especially wild, if you ask me. After narrowly avoiding a correction to begin the year, the S&P 500 (SNPINDEX: ^GSPC) is up 20% from its low in March.