Don't Fret About Tobin's Q Crossing Wall Street

Don’t Fret About Tobin’s QBloomberg has a piece this morning on another valuation indictor, this time it’s Tobin’s Q, showing that the stock market is dramatically overvalued.
If you sold every share of every company in the U.S. and used the money to buy up all the factories, machines and inventory, you’d have some cash left over. That, in a nutshell, […]