Would someone with access to the article please list the 8 indicators?
Sorry for the “can’t read if I don’t pay issue”.
My excerpt did include the 8 items that many experts think represent an overvalued stock market.
They were:
“Household Equity Allocation”
“Price/sales ratio”
“Price/book ratio”
“Q Ratio”
“Buffet Indicator”
“Dividend Yield”
“Shiller P/E (CAPE)”
“Price Earnings ratio”
Each of those factors as they are today were compared with their histories going back to 1954. They are all found by those experts to be in bubble or near bubble territories.
They do admit that yes. something not now forseen could change any or each of those factors, and while that which is unforseen could be positive for any one or all of them, the history of that happening - if history is any guide - is not good.
THAT prediction could cause some to panic, while a more sound approach would be to scale down expectations of U.S. stocks for the long term, and diversify investment holdings to have less emphasis than present on U.S. stocks. In other words, don’t run out in the street and yell the sky is falling but do prepare for rain.