Chart Of The Week: Stocks More Expensive Than 2000

By |2016-06-03T11:52:49-04:00June 3rd, 2016|Alhambra Research, Markets, Stocks|

This week's chart comes to us from Ned Davis Research via this article on MarketWatch: What that bottom pane shows is that the median price to sales ratio for the S&P 500 is about 2.2. That is higher than in 2000, which was about as obvious a bubble as one is likely to ever see. But....there are big differences between [...]