A critical difference we’ve discussed repeatedly is that market overvaluation in the 1999/2000 episode was concentrated in roughly the top-50 Mega Caps, while current overvaluation—though arguably not as extreme—afflicts nearly the entire list of publicly-traded U.S. stocks.
Nov
20
2018
MTI: Extensive Overvaluation Vs. 1999/2000
Login
For full access, please enter your credentials.
About The Author