As the year moves towards its end on a euphoric note, equity valuations have gotten quite expensive; and stock markets may have gotten a bit ahead of themselves.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2016/12/20/are-us-stocks-expensive-srepstans.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:daily_fundamentals
Are U.S. Stocks Expensive? Yes.
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