The Stock Market Just Flashed a Warning Signal Seen Only a Handful of Times in 150 Years. Here's Where I'd Put Money Right Now.

Key Points Berkshire Hathaway owns cash-generating businesses and has a massive cash pile. Procter & Gamble has a very durable business, evidenced by its growing dividend. Realty Income has outperformed the S&P 500 in 11 of its last 13 corrections. 10 stocks we like better than S&P 500 Index › The Shiller CAPE ratio -- a metric that shows how expensive stocks are relative to a decade of earnings -- recently hit its second-highest level on record (41.5). The last time it was this high was in 1999, when it hit its record high of 44.2, right before the dot-com bubble burst. It also flashed warning signs in 1929 and 2022, foreshadowing bear markets in stocks. Even though the market is flashing a warning sign, I'm not pulling back.