Warning Signs: Is the Market P/E Ratio Justified?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 December 2025
⏱️ 46 minutes
🧾️ Download transcript
Summary
We will debate whether the S&P 500's historically high Shiller P/E (P/E10) ratio is justified by today's economic environment, or if the current market valuation—nearly matching the 2000 peak—signals an unsustainable bubble.
Today's Stocks & Topics: Axon Enterprise, Inc. (AXON), Market Wrap, Invesco NASDAQ 100 ETF (QQQM), “Warning Signs: Is the Market P/E Ratio Justified?”, FactSet Research Systems Inc. (FDS), Abrdn Physical Silver Shares ETF (SIVR), iShares Silver Trust (SLV), Copper Supply and Demand, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB), Brookfield Asset Management Ltd. (BAM), Rockwell Automation, Inc. (ROK), Cameco Corporation (CCJ), Modine Manufacturing Company (MOD), Vanguard and 401k.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent Thinking, shared success. |
| 0:17.8 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.1 | Here is KPP Financial Portfolio Manager, Luke Guerrero. |
| 0:33.3 | Good afternoon, fellow investors, and welcome back to InvestTalk. |
| 0:40.2 | I'm your host, Lou Guerrero, and today is Wednesday, December 3rd, 2025. |
| 0:47.3 | And Thanksgiving, well, it's come and gone. |
| 0:50.1 | Christmas is around the corner. |
| 0:51.9 | I don't know about you, I am still full from the holiday, still |
| 0:56.1 | recovering. Still trying to shed some dead weight, shall we say. And in a similar way, |
| 1:04.4 | trying not to get those holiday hangovers and ignore the world as it is changing around us because with regards to the stock |
| 1:14.6 | market, your portfolio, your financial plans, now is not the time to lose focus. |
| 1:22.3 | And so the objective of this podcast, this radio program, well, it's the same. |
| 1:27.2 | Each and every day, we want to help make you |
| 1:29.6 | a better, more informed investor. And to that end, we do more than just bring you this daily |
| 1:36.0 | podcast. In fact, in only six days on December 9th, Justin and I will be hosting the latest |
| 1:44.1 | Invest Talk Wealth webinar, and I think |
| 1:47.2 | the title tells the story here, year-end tax toolkit, R&D planning, tax loss harvesting, and |
| 1:54.6 | deferral strategies. |
| 1:56.3 | The reason why this is important is because, well, 2025 is heading for the finish line, |
| 2:01.4 | meaning it's a good time to identify, to lock in your smart year-end moves, |
| 2:07.0 | and we're ready to help you with the newest InvestHawk wealth webinar. |
| 2:11.1 | Justin and I will be sharing the important money-saving information that you'll need |
... |
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