Monday, January 7, 2019

Greenspan says stock market "is still a bit too high"

https://www.marketwatch.com/story/greenspan-says-stock-market-is-still-a-bit-too-high-2019-01-07

I think he is just being politically correct or using Trump's advise to "just feel the market and ignore the numbers".

As the matter of fact as of today the stock market is overvalued by 32% based on GDP vs Market Capitalization Ratio of 122%.

https://www.gurufocus.com/stock-market-valuations.php



Submitted January 07, 2019 at 11:18AM by GOVADM http://bit.ly/2TBXjFb

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