Here is an eye-popping table for you: it illustrates a number of equity-related ratios – – cold, hard data, not Jim Cramer-eseque clown-like nonsense – – along with various percentile ranks. These relative positions are shown with data back to 2000, 1970, and 1950. As you can see by the plethora of 100% percentile values, the stock market is pegging the meter by virtually any measure.
It is clinically insane for a person to declare the stock market to be a bad investment in an environment of LIFETIME highs every single weekday, but…………I’ll embrace the insanity label, because this is nuts.
