An Equity Bubble Second-To-None…
Authored by Michael Liebowitz via RealInvestmentAdvice.com, “Today’s equity market valuations have only been eclipsed by those of 1929, and1999.” In March of 2017, we examined traditional equity valuations in a new light to help better compare today’s valuations versus those of past business cycles. In particular, we adjusted the popular price-to-earnings (P/E) ratio for economic growth … Read more