Wednesday, January 17, 2018

The 10 year CAPE is 2 standard deviations above normal. Are you worried about valuations?

The current consensus theory on US stocks is that you should own them even though they are expensive. Investors want to ride the wave to the end. However, this could be like riding the Japanese market in the late 1980s. It’s possible to take risk in the markets without buying in to the US stock market. This seems like heresy today, but buying the most expensive market probably will end in long term pain. U.S. Valuations Are Extreme Compared To Global Markets



Submitted January 17, 2018 at 07:06PM by AlexPitti http://ift.tt/2DdrjPH

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