A popular media refrain of late suggests that stocks are overvalued compared to historical benchmarks. The Wall Street Journal, for instance, recently opined that “Stocks are expensive (and not just the big ones)”. Meanwhile, The Economist declared, “American stocks are at their most expensive in decades”, and MarketWatch concurred, affirming that “U.S. stocks are expensive […]
Sept. 2023 – What To Make Of Market Valuations Read More »
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