Are stocks overvalued right now?
Are stocks overvalued right now? Market capitalization versus the long-run equilibriumThe American stock market currently appears to be overvalued by 36%. In other words, it would take a 26% drop to bring the market back to its long-run equilibrium level. At the last all-time high, on November 8, 2021, the market was 86.6% overvalued.
Market capitalization versus the long-run equilibrium
The American stock market currently appears to be overvalued by 36%. In other words, it would take a 26% drop to bring the market back to its long-run equilibrium level. At the last all-time high, on November 8, 2021, the market was 86.6% overvalued.