Our research team has become increasingly concerned that the US Fed
support for the markets has pushed price levels well above true
valuation levels and that a risk of a downside price move is still
rather high. Recently, we published a research article highlighting our
Adaptive Dynamic Learning (ADL) predictive modeling system results
showing the US stock market was 12% to 15% overvalued based on our ADL
results. Today, Tuesday, May 26, the markets opened much higher which
extends that true valuation gap.
(more)
No comments:
Post a Comment