Right now, the market is very expensive:
That doesn't mean you shouldn't get into the market, however, as explained in this excellent article from Charlie Bilello:
Timing the market based on valuation is not an
Smaller-Caps Are Trying To Make A Move (Technically Speaking For 6/8)
Summary
- Even though the market is expensive, don't stay on the sidelines.
- Research from the San Francisco Fed indicates there's still a fair amount of labor market slack.
- Smaller-caps are trying to make a move.
Hale Stewart spent 5 years as a bond broker in the late 1990s before returning to law school in the early 2000s. He is currently a tax lawyer in Houston, Texas. He has an LLM in domestic and international taxation (MagnaCumLaude). He is the author of the book The Lifetime Income Security Solution. Follow me on Twitter at @originalbonddadYou can read his legal analysis on his law office's blog.
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