Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Analyst Rosenberg: Stocks overvalued by 35%
Advertisement
Monday, May 03, 2010
Text Size: increase text size decrease text size

From Newsmax:

Stocks are overvalued on a price-earnings basis, says economist David Rosenberg of Gluskin Sheff + Associates.

And it’s not a mild overshoot: 35 percent.

“According to the Shiller P/E ratio, the S&P 500 is now 35 percent overvalued — a full one standard deviation event,” the former Merrill Lynch chief economist wrote...

Read full article...

More on stocks:

Why you should sell some stocks today

Analyst Rosenberg: Big reasons the market could tank

These stocks are forecasting a big decline in commodities

Topics: Stocks
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.