Via Eddy Elfenbein
AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Since valuations have never been a good predictor of short-term price changes, they tell investors very little about what might happen next year.
Let’s unpack each of the four key stats
Advisers are more bullish on the markets than their rich clients, which may also be pointing to a disconnect in risk tolerance.
Small-cap stocks look pricey relative to large caps