Valuations are flashing a warning.

The Shiller P/E Ratio is now near 40.

History doesn’t ignore levels like this.

• 2000: P/E ~44 → market crash
• 2007: P/E ~27 → financial crisis
• Today: ~40 → ?

Every major crash started with extreme valuations.
Most healthy bull markets happened when P/E was below 25.

Does it mean a crash is guaranteed? No.

But historically, levels like this never ended quietly.

Ignore it if you want.
Or pay attention before the market reminds everyone.

Follow for more macro signals most people ignore. 📉