Don't be Fooled by the Valuation of Today's Market

What’s behind today’s pricey S&P valuation … history suggests buying today isn’t wise … but is the market really as expensive as it seems? … why stocks are more attractive than at first glanceWhat if stocks aren’t that expensive?What if they’re offering a 30% discount to the S&P’s average valuation over the last 30 years?If you’re a regular Digest reader, this likely raises an eyebrow.In recent months, we’ve looked at all sorts of valuation indicators suggesting that we’re in an expensive market. From the t ...