Is the Stock Market Cheap? | AgainstCronyCapitalism.org

Professor Jeremy Siegel thinks it is.His most recent call is that the stock market as a whole is selling for 10-15% less than it should. Fed chairman Janet Yellen in recent testimony didn’t say it was cheap, but she thought it wasn’t very expensive either.Are they right?Consider this. If you compare the price to the corporate earnings, as Yellen said […]