My own website, Slope of Hope, provides me all the market information I’d ever want, so I’ve never bothered subscribing to anything else. That is, until about a month ago when discovered Current Market Valuation. What’s cool about CMV is that, unlike my chart-focused Slope, it is completely focused on long-term fundamental and economic data to draw its conclusions, which are by their nature devoid of emotion, interpretation, or agenda.
Having said that, here is where its aggregate analysis stands right now. Perhaps you have heard the term “pegging the meter“. It certainly applies here. It has NEVER been this hot.
(more…)