The definition of overvalued is like many things in life, debatable. So here is a little teaser and some charts from http://thefelderreport.com to debate.
Click on the link and see the others and enjoy yourself. It's a worthwhile read.
Overvalued: A glance at the chart below, of Warren
Buffett’s favorite valuation metric (total market
capitalization-to-GDP), clearly shows that there was also only one other
time in history when stocks were priced so dearly as they are today:
1999.
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