Friday, 20 February 2015

What Do The Great Stock Market Peaks Have In Common?

A high price to dividend ratio is but one answer. Based on the Wilshire 4500 stock market index, U.S. stocks are now even more expensive than during the exuberant bull market back in 1999 and early 2000. 

Better hope those dividend payments meet those irrationally exuberant expectations soonish...

Also see:

The U.S. Stock Market Is At Its Most Overvalued Level In History