Peak valuations?
U.S. stocks are now trading at their highest prices relative to their long-run earnings since the days of the dotcom bubble. (S&P 500 index compared with average annual real earnings over preceding 10 years)
U.S. stocks are now trading at their highest prices relative to their long-run earnings since the days of the dotcom bubble. (S&P 500 index compared with average annual real earnings over preceding 10 years)
