For June 2016, my RAGE Gauge signals: High Risk Tension is high on the social and economic fronts. FBI Background checks continue to … [Read More...]
This chart is from John Hussman’s latest comment. It shows the price-to-sales ratio of the typical S&P 500 stock. The typical stock is now trading near a historic peak in relation to sales. With valuations so high, if you are still counting on double-digit returns to fund your retirement, this chart should give you pause.