4 ms·
"Market cap as % of GDP" is a pretty strange way to determine whether the stock market is over/undervalued. The usual yardstick is Price/Earnings ratio. In th
by mikeokner 9y ago
"Market cap as % of GDP" is a pretty strange way to determine whether the stock market is over/undervalued. The usual yardstick is Price/Earnings ratio. In that regard we are a little above average right now, but certainly not in outlier or "DEFCON 2" territory. http://www.multpl.com/ http://www.multpl.com/