Little is cheap in the market right now as stocks' record run this year has driven multiples higher across the board and lifted most stocks.
The S&P 500 is up 25% this year, on pace for its best annual performance since 2013. An impressive rally this quarter has pushed stocks to all-time highs amid optimism on a U.S.-China trade deal and receding recession fears., the most common indicator for market valuation that measures current share price relative to per-share earnings estimates for the next 12 months, has climbed to levels last seen around last December's monster sell-off.
The S&P 500 is also trading at about 2.14 times sales estimates for the next 12 months. The only times the market reached such multiple was September 2018 when the sell-off began and in the first quarter of 2000 just before the burst of the tech bubble.
When everyone's greedy, you should be fearful.
Follow his analyst,he would not be in Apple if not for them. He was great but his time is over.
Go figure ! Any economist worth his salt knows it obscenely over value.
:: Ron Howard's voice :: It is.
Duh GetReady
Whether Come on man!
in today's world everything is marketed... overvalued... to sale back...
He is ready for the next crisis.
everyone says it is overvalued yet i don’t see them selling. actions speak louder than words. put your money where your mouth is
Must be a comfy chair.
Sir can i get a $110 dollars
It’s possible. Maybe. Yea. Probably.
It is at the pain of the many people who would benefit from stagnant hoarded wealth.
another bubble, uh oh.
Injection of capital through low rates across the world & stealth QE by FED, gvts supporting the stocks through higher deficits. Yes the market is overvalued & correction is inevitable
LOL!
Well you don’t fucking say
It’s definitely not undervalued