What is Market Health?

A finance game: you are shown a well-known market indicator at a high or low reading and judge whether that is a good (bullish) or bad (bearish) sign for the stock market.

Which indicators appear?

Macro gauges like GDP growth, unemployment, inflation, consumer confidence and the VIX, plus valuation measures like the price-to-earnings ratio, the Shiller PE (CAPE), the Buffett Indicator, the yield curve, margin debt and interest rates.

Do I need to know finance already?

No · that is the point. Every round, the reveal explains which direction is bullish and why, so you build the intuition as you play. Easy mode starts with the most intuitive gauges.

Why is a high Shiller PE "bad"?

A high price-to-earnings ratio (the Shiller PE smooths it over ten years) means investors are paying a lot for each dollar of earnings · stocks are expensive, which historically means lower future returns. A low reading means stocks are cheaper.

Can I print it as a worksheet?

Yes. Market Health supports the printable worksheet generator · the indicator, its reading, and the good/bad choice print on paper with an answer key.

Market Health · 中文

像医生看病历一样解读市场 · 高席勒市盈率、低VIX或倒挂收益率曲线是好是坏？

A market indicator is shown at a high or low reading · decide whether it is good or bad for the market. JavaScript required.

启用 JavaScript 即可开始玩。