- The Big Picture - http://www.ritholtz.com/blog -

BCA U.S. Equity Valuation Index

Posted By Barry Ritholtz On January 2, 2014 @ 12:30 pm In Markets,Technical Analysis,Valuation | Comments Disabled

click for larger graphic
C1DEC13 [1]
Source: BCA Research [2]


There seems to be an increasing concern that stocks have become wildly overvalued, especially in light of rising interest rates.

However, somewhat overvalued U.S. equity prices can continue to rise if price/earning multiples keep expanding.


Continues here [3]




Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2014/01/bca-u-s-equity-valuation-index/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/01/C1DEC13.gif

[2] BCA Research: http://www.bcaresearch.com

[3] Continues here: http://www.bloomberg.com/news/2014-01-02/ritholtz-chart-why-wildly-overvalued-stocks-may-keep-rising.html

Copyright © 2008 The Big Picture. All rights reserved.