What is a 'Fair' CAPE Value?

In this video, we explore the history of the CAPE (Shiller PE) ratio, how it’s calculated, why its average has shifted higher since 1990, and why it’s a powerful predictor of long-term market returns—but not the short term. Discover how today’s CAPE compares to historical levels, long-term trend lines, and “fair value” estimates once you account for major structural changes like low interest rates, tech dominance, and accounting rules. Perfect for anyone wanting a deeper understanding of what valuations tell us about the decade ahead!