Who Will Be Right: CAPE, the Q Ratio, or Industry Experts?
Nov 2, 2009
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By William F. Nicklin
The metrics that gave us the courage to say the markets were in a great valuation range last March are saying it's overvalued. Steve Leuthold and Jeremy Grantham are saying the markets have room to go higher. As advisors, it's dangerous to make predictions but good to keep sharing wide insights with clients and prospects.