Here’s The Problem: Despite The Plunge, Company Valuations Are Still At Extremes

Monday, August 24, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/24/2015

Following the recent broad market selloff which has taken all US stock indices into the red for 2015 and in some cases, red for the past 52 weeks, the real question traders should be asking themselves now that the power and potentcy of central bank intervention is increasingly questioned is whether stocks are now fundamentally cheap or at least, “fairly” valued. The answer, as SocGen’s Andy Lapthorne points out, is a resounding no.

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