The US Equity market is at historically extreme valuations and a 40% correction is about to occur…
No. Wait. I meant to say that the US Equity market is fairly valued and should continue to deliver returns that are consistent with long-term averages…
Actually, no, the US Equity market is still relatively cheap and should provide the highest expected returns relative to other asset classes.
When it comes to valuing the US Equity market, there is clearly no shortage of opinion. How is it possible that different people can look at the exact same market and underlying data and come to such vastly different forecasts?
Click here to read the entire article that appeared on Yahoo Finance.
