Friday, 20 January 2017

This Stock Market Valuation Indicator Is Again Flashing Bright Red

This simple stock market valuation indicator, which compares U.S. stock market prices to the money supply and a leading economic indicator, is now once again above the 95th percentile. If 2000 and 2007 is any guide, this is bad news for future U.S. stock market returns.



No comments:

Post a comment