The S&P 500 Valuation May Not Matter - Here's Why |
| September 18, 2014 | September 2014 Bond Updates |
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In the land of the blind, the one-eyed man is king.
Erasmus
There’s a lot of talk today about the high valuation of the S&P 500, and by extension, the value of other US equities. This is an important consideration for low-cost trackers of the S&P 500. However, these metrics examine at stock markets in a vacuum. Every trade has two sides. In order to sell something you must buy some other asset. Therefore, all valuation is relative, not absolute. |
| View more at: http://www.forbes.com/sites/simonmoore/2014/09/17/the-sp-500-valuation-may-not-matter-heres-why/ |
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