Unless you have been totally blinded by the current eight year long lasting bull market run, you can not help but notice that the present day stock valuations are insanely high across the board. Consider that the S&P 500 bell weather benchmark trades for an incredible 15 times its trailing 12 months earnings. This compares to a longer range average of only 15. In the best possible case, you can assume that future returns from this point have to be extremely limited. Yet the real warning sign for investors ought to be the ridiculously low levels presently displayed in the… Read More

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