Part One: Stocks are too Expensive
I.C. Angles Investment Post
The stock market is too expensive. This is what valuation methods that have been proven to work are showing. And at some point prices will decline significantly, in order for stocks to become fairly priced. Expensive valuations are just one reason, the current bull market is likely to end particularly badly, with a price decline that could very easily surpass either of the last two major bear markets. Given how high valuations have currently risen, a fall in the stock market of well over 50 percent is a very real possibility.