Market Multiple Table: September Update

The September update to the Market Multiple Table revealed two important realities. First, we should expect Washington to become an influence on markets between now and year-end. Second, at these valuations this market remains largely priced to perfection (which doesn’t mean stocks can’t rally further, but it does mean it’s a long way down to support if something goes seriously wrong).

Click below to read the rest of this article by Kurt S. Altrichter, CRPS?