A New Adjective

Back in the day, it was ‘richly’ valued, ‘over’ valued, ‘overbought’, ‘stretched’, and ‘irrational exuberance’.

Now, there’s a new description being bandied:

‘Pornographically Over-Valued’

The first ten-minutes or so, at this link is all one needs to see, to understand the backdrop of where we are from a market perspective.

Stay Tuned

Charts by StockCharts

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