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Despite valuation concerns, stocks haven't been this cheap since the 1950s by one metric

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New for subscribers: Despite valuation concerns, stocks haven't been this cheap since the 1950s by one metric Check out CNBCPro for a free trial.

A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, January 24, 2020.

Concerns about market valuation have risen after dire warnings from notable investors, including Stanley Druckenmiller and David Tepper, but going by one measure, stocks haven't been this attractive in 70 years, according to Bank of America.

 

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Pro Utter bullshit. But congrats to the effort.

Pro The guy in that picture ironically got laid off, as there are no floor traders at NYSE anymore from COVID. So why does CNBC post fake news?

Pro

Pro Get Out Now!

Pro WTF? If you ignore valuation concerns stocks are cheap.

Pro NorthmanTrader lol

Pro Buy buy buy

Pro

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