Cape fear: US stock valuations exceed 1929 peak

A strong start to 2018 means US stock market valuations continue to head higher, so much so that the S&P 500 now appears to be even more expensive than it was prior to the infamous 1929 Wall Street crash. Is the US market as overvalued as it looks? If so, might a peak in equity markets be around the corner for investors?

Read more at The Irish Times

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