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- Wed May 15, 2013 7:23 pm
- Forum: Finance and Investments
- Topic: Frothy stock market and possilble crash
- Replies: 1
- Views: 4223
Frothy stock market and possilble crash
The stock market is very expensive with price/sales 1.52 and CAPE P/E 24.5 yet people on CNBC claim stocks are cheap! How can the stock market be cheap when valuations are this high? My bubble valuation level is the price where it takes 10 years or more for revenue to catch up with stock prices with...