Investors are ignoring sky-high stock valuations and downplaying the potential for a stock market bubble
Financial Post ·
Opinion: With CAPE ratios near dot-com highs, FOMO has replaced the discipline of asking whether prices are fair
There was a time when investors cared about valuations . Analysts and commentators debated price-to-earnings ratios, price-to-book ratios and the sustainability of stock prices. Investors had a plan when it came to which stocks they bought, at what price and why, typically avoiding excessive valuations. Read More