Market Valuation, Inflation and Treasury Yields: Clues from the Past - Tuesday, Dec. 4
December 04, 2018 at 22:44 PM EST
The latest P/E10 valuation is 31.0 at a 2.52% year-over-year inflation rate, which is near the sweet spot mentioned above, however, the P/E10 valuation is in extreme valuation territory.