Daily Traders Edge

Investing chatter: Is stock market in a bubble?

August 09
14:33 2017

Bubble talk is building on Wall Street.

Driving the narrative of a stock market inflating at an unsustainable pace is the fact stock prices keep going up, even though the S&P 500 stock index is trading at more than 21 times its earnings over the past four quarters — or 28% higher than its average P-E of 16.6 since 1965, says Oppenheimer, a Wall Street firm.

New all-time highs for the Dow and S&P 500 this week, as well as a continued hot streak for tech stocks is also fodder for bears that argue that stocks are frothy.

Continue Reading at USA Today

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