Love the presentation, including the public Google doc with data.
AUTHOR
Mick Weinstein
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The release of the minutes from the Fed’s last meeting further boosted investor optimism, as many Fed officials reaffirmed that monetary policy must remain restrictive until inflation is on track for the Fed’s two percent target.
In one chart, here is why stocks may not be overvalued even after more than doubling off the 2009 lows and may still offer better value than bonds:
Utility stocks are showing signs of buyers’ fatique, and now trade at a higher price-to-earnings ratio than the technology sector.
Strong dollar hurts US companies with sales exposure abroad