Are Stock Market Valuations At 2008 Levels Yet? [Part 2]
Are Stock Market Valuations At 2008 Levels Yet? – Part 1/2 by Jun Hao, The Asia Report Stocks valuations are as cheap as they have ever been in the last decade. Notice how I don’t say prices, because on a price basis, they certainly aren’t as cheap as they were in 2008. The reason why I don’t look at price alone is that it fails to take into account the years of economic productivity. Businesses have made money in the last few years, which were either paid or to shareholders in dividends, or are represented in earnings which are retained in the...
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