Fed Warns Stocks Are “Vulnerable”, Forward Valuations “Well Above” Norms

Tuesday, June 21, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jun 21, 2016

In what we are sure will be aggressively spun by the mainstream media, The Fed’s full monetary policy report dropped a notable tapebomb this morning…

*FED: STOCKS’ FORWARD P/E RATIOS WELL ABOVE THREE-DECADE MEDIAN
*FED: STOCKS VULNERABLE TO A TERM PREMIUM RETURN TO NORMAL

Remember, “don’t fight The Fed” unless of course she says “sell.”

The Rest…HERE

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