Warren Buffett’s favorite valuation model is screaming that stocks are overvalued. It was discussed in a 7/20 Business Insider article ...

In my ongoing research on valuation, I constructed a quarterly P/E series for the S&P 500 based on reported earnings from Q4-1935 t...

As I noted recently, valuation, like beauty, is in the eye of the beholder. I think P/Es are high. Others disagree and say they can go hi...

The growth trend of corporate profits is determined by the growth trend of nominal GDP. My analysis shows that the trend of these variab...

Valuation like beauty is in the eye of the beholder. With bond yields at historical lows, why shouldn’t valuation multiples be at histori...

While valuation multiples are flying into the wild blue yonder, revenues and earnings have been coming back down to Earth. But that’s all...

Although the dollar might have peaked on March 13 for a while, and the price of crude oil might have bottomed on January 13 for a while, ...

So far so good. In the 2/2 Morning Briefing , I wrote: “[T]he stock market may continue to trade in a volatile range during the first ha...

Last week, the 4/16 WSJ reported : “U.S. wages may be starting to pick up, a development that could help policy makers at the Federal R...

On 4/8, Reuters reported, “Chinese funds are snapping up shares in Hong Kong, betting that a link-up between the Shenzhen and Hong Kong ...