Is the US market overvalued? I let you decide. Just look at the above chart.
We should keep in mind, however, the graph does not say whether we should buy or sell.
It gives a sense of risk and of what kind of gains we should expect from the US equity market in the next few years.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull and Bear Markets
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