Be Prepared For Stocks To Crash 40%-55%

Saturday, November 9, 2013
By Paul Martin

HENRY BLODGET
BusinessInsider.com
NOV. 9, 2013

The stock market continues to set new highs, which is exciting and fun for those of us who own stocks.
I own stocks, so I’m certainly enjoying it.

I hope stocks continue to charge higher, but I can’t find much data to suggest that they will. I only have a vague hope that the Fed will continue to pump air into the balloon and corporations will continue to find ways to cut more costs and grow their already record-high earnings.

Meanwhile, every valid valuation measure I look at suggests that stocks are at least 40% overvalued and, therefore, are likely to produce lousy returns over the next 10 years.

Which valuation measures suggest the stock market is very overvalued?

The Rest…HERE

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