The Fed Released its July Minutes...Opinions Remain Mixed on Stock Valuations

The Economy: The Fed released their July minutes Wednesday, in which they stated that investors should take notice that the stock market is too expensive. The Fed warned about high valuations in their April assessment, and prices have continued higher. John Hussman, president of the Hussman Investment Trust, noted that stock market valuation measures top every point in history except March 2000, right before the dot-come bubble burst. However, this is not the unanimous opinion of the Fed; they are divided with a handful of officers believing that these levels are justified. One side is right and one is wrong; which one it is remains to be seen.

Food For Thought: We are all human! Stop the hate. Stop the killing. Bring forth love and peace. Have a wonderful weekend.