What 5 Measures of Market Valuation Are Saying Right Now

With the notable exceptions of Q4 2018 and March 2020, US equities have enjoyed a largely uninterrupted ride higher since the Financial Crisis bottom in early 2009. But the exponential run by stocks since the COVID-19 selloff has plenty of us asking: is the market overvalued? And is a correction coming? To offer perspective on … Continued

Economic Update — Reviewing Q4 2020

Not even two brand-new strains of the novel coronavirus could slow the bull market down in Q4. Despite worldwide lockdowns, a blanket of new restrictions in the United States, and even a dose of election uncertainty, the Dow and S&P 500 rose 10% and 11.1%, respectively, while the NASDAQ tacked on a 13.8% gain in … Continued