Notes
What I watch before drawing conclusions
- CAPE is slow moving, so it is better as a regime signal than a timing signal.
- High valuations can persist when earnings quality, margins, or rates support them.
- The dashboard keeps the raw date series visible so the narrative does not outrun the data.
About this demo
Built as a personal market notebook
This version computes CAPE from raw components: S&P price, reported earnings, CPI, and a rolling 10-year real earnings average.
Source fetched May 7, 2026, 4:03 AM UTC from shillerdata.com workbook and FRED daily S&P 500 with Nasdaq SPY OHLC for candle shape.