6/16/15

Is the market overvalued?

 

According to this indicator the market is grossly overvalued. Note how it moved much higher than the 2000 and 2008 market bottom.

It looks like we are in uncharted territory. Time to be cautious?

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull and Bear Markets


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