Quote:
Originally Posted by Jim in CT
Anyone who says otherwise, is lying because they have a political agenda. It was a very, very strong and robust economy.
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Can facts lie and have a political agenda?
PE was over 20 at end of 2019 while historical mean was about 16.
Based on the latest S&P 500 monthly data, the market is overvalued somewhere in the range of 87% to 155%, depending on the indicator, up from 82% to 148% the previous month.
Feb 6, 2020