Expect More Volatility With Stocks Priced Near Perfection – Wall Street Journal (blog)
Wall Street Journal (blog) |
Expect More Volatility With Stocks Priced Near Perfection
Wall Street Journal (blog) Stocks probably aren't completely priced for perfection yet, money managers say, but they are moving that way. The S&P 500 stock index closed Friday at 19.4 times its companies' net profits for the past 12 months, well above its long-term average of 15 … |
