MGIC Investment Corp. (MTG)

[tommiegun53]

ROBERT SCHILLER, HISTORIC ECONOMIST, DATA INDICATES MARKET WILL CRASH

Read this and, You will understand why:

Robert Schiller, Nobel Laureate has created an PE FOR THE S&P using average price/earnings data for over a 100 years.

"The historic P/E10 average is 16.7. After dropping to 13.3 in March 2009, the ratio rebounded to an interim high of 23.5 in February of 2011 and then hovered in the 20-to-21 range. It began rising again in late 2013 and hit an interim high of 27.0 in August of 2015. It has now reached a new interim high of 28.2".

Note: The US STOCK MARKETS went into a nosedive in August 2015.