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Mark Hulbert: Dow 25,000 Only Brings The Bull Market Closer To A Painful End
FYI: The U.S. stock market is extremely overvalued by almost any measure. I know that pointing this out is raining on the bull market’s parade, with the rest of Wall Street giddy over the Dow Jones Industrial Average DJIA, +0.61% climbing its latest 1,000 points in record time, and erstwhile bear Jeremy Grantham of Boston-based investment firm GMO warning of a possible “melt up” for the market. Regards, Ted https://www.marketwatch.com/story/dow-25000-only-brings-the-bull-market-closer-to-a-painful-end-2018-01-05/print
