Since 2013, the Dow Jones Industrial Average has closed at a record high 95 times -- most recently on May 18, 2015. While it's impossible to predict the future, and while no single metric is without flaws, several fundamental valuation ratios indicate that the U.S. stock market is currently trading at a premium compared to its own history, compared to other countries and regions, and when considering future return projections. Below are 10 charts that make use of these valuation ratios and return projections to illustrate this point. Continue reading →
