What is our Investment Thinking Today?

Are Stocks Expensive? If you are talking the Nasdaq U.S. market, the answer is yes.  If you are talking the S&P500 U.S. market, the answer is probably yes.  If you are talking other markets, then the answer may be no. One measure of valuation is the Forward Price/Earnings multiple, or P/E multiple.  The higher the…

Read More