The Bull Market: Long in the Tooth

The Bull Market: Long in the Tooth

 

The U.S. stock market is more overvalued than it was at the majority of the past century’s peaks, according to six well-known valuation ratios.

That doesn’t mean the bull market is coming to an end, of course, since some past bull markets were even more overvalued when they topped out. Furthermore, no two market peaks behave the same way.

Nevertheless, the evidence suggests that risks are high. You may want to consider…

 

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http://aureus-asset.com/2014/01/22/the-rationality-debate-simmering-in-stockholm/