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The CAPE ratio, which stands for cyclically adjusted price-to-earnings ratio, measures the average S&P 500 P/E ratio adjusted for inflation, making it a more reliable measure than the standard P/E ratio.
Even if you're still investing at what might be the high, you want to be able to grab deals when the market is at a low.
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Artificial intelligence (AI) development is driving massive gains for tech companies, but the market is getting more and more expensive, and inflation is still booming.
