Looking at the DOW longterm, it looks like were heading for a market correction (aka crash) which could be epic. ............
That could happen I suppose but not because of overvalue issues. That bottom line may well have worked in the past but since it last touched the index valuations have changed dramatically. I'd be more inclined to put credence on that line starting in 2009 and connected to todays index.
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Leading indicators of an economic contraction, page-527
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