FYI: For a number of years now, well-respected financial experts, such as Jeremy Grantham of global investment management firm GMO and John Hussman of Hussman Funds, have been cautioning investors that the market, specifically the S&P 500, is vastly overvalued. Last year, Larry took an in-depth look at their forecasts, which predicted long periods of very low or even negative returns, and explained why a bear market wasn’t likely to occur for the reasons they cited: that valuations were too high and likely to revert to the mean.
Regards,
Ted
http://mutualfunds.com/domestic-stock-funds/is-the-market-overvalued/
