The market does have a valuation problem, ... But I don't put much stock in any valuation model, including my own. It's very rational -- it tells you when the stock market is overvalued or undervalued -- but it doesn't work.
The market does have a valuation problem, ... But I don't put much stock in any valuation model, including my own. It's very rational -- it tells you when the stock market is overvalued or undervalued -- but it doesn't work.
Most investors are waiting for the employment report, because along with the ISM services and manufacturing reports, it gives us the first solid news about the economy in March.
Everybody is waiting for the employment report on Friday. The belief is that the economy is rebounding from the sluggish fourth quarter. We will know on Friday.
Tomorrow, the market will probably continue upward driven by the dollar, but it won't go up much because of caution before the employment figures.
© 2020 Inspirational Stories
© 2020 Inspirational Stories