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The Recusant
Member since May 2012
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>Six Ways US Stocks Most Overvalued in History - Mish - Global Economic Analysis
The problem with the current massive indebtedness of countries is that the central banks are now creating fantasy currency to accommodate the financial sins. The citizens who question the gargantuan printing of fiat currency become nervous, obviously, but the central banks assure them there's nothing to worry about. Wanting to believe the CBs so they can invest and borrow more, everything goes back to its bubble norm.

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2494 days ago
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Beginning of the headline :US large cap stocks are the most overvalued in history. Let's investigate six ways.Crescat Capital claims US large cap stocks are the most overvalued in history, higher than prior speculative mania market peaks in 1929 and 2000. Their 25-page presentation makes a compelling case, with numerous charts. It's worth your time to download and investigate the report. Six Ways Socks Most Overvalued in History Price to Sales Price to Book Enterprise Value to Sales Enterprise Value to EBITDA Price to E... Read More
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