According to The Japan Times, Japan’s two-year government bond yield rose to 1%, the highest since 2008, signaling market expectations that the Bank of Japan (BOJ) is nearing a rate hike. The five-year and ten-year yields climbed to 1.35% and 1.845%, respectively, while the yen strengthened 0.4% to 155.49 against the dollar. Markets now price in a 76% probability of a BOJ rate hike at its December 19 meeting, rising to over 90% for January. https://t.co/TC4dNJj8n3 ...

But as well as these stocks have done or maybe because of it, the question many have, is evaluations gotten out of control. Well, we don't know. But let's ask somebody who does.Aswan is professor of finance at the NYU School of Business. They call him the dean of valuations for a reason. Oswath, great to have you on.Perfect day for it. Have valuations gotten a little bit stupid or are we okay. I think for the last 10 years, we've had this conversation over and over again.Markets reach a new high. >> We say ...