By almost any measure, if you look at data for well over 100 years from the mid 1800s to around 1998 stocks are very overpriced right now and all indicators would be saying "Sell!". Yet, starting around 1998 the picture looks very different and, although we have more truly giant "bubbles", the same measures of stock valuation don't look so ridiculous, except perhaps the s&p price to sales ratio which seems to be at an all time high. Thoughts?
Submitted May 17, 2018 at 11:10AM by freddyjohnson https://ift.tt/2L8Dull
