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Home > Peak Bubble 2.0: The Market Is Now Exactly As Overvalued As It Was At The Last Bubble Peak

Peak Bubble 2.0: The Market Is Now Exactly As Overvalued As It Was At The Last Bubble Peak

By Tyler Durden
Created 04/04/2014 - 11:48
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/04/2014 11:48 -0500



 

According to this chart from JPM the market's forward P/E ratio now is precisely 15.2x. What was it at precisely the last bubble peak on October 9, 2007? 15.2x.

Everyone knows what happened next.

[2]

Source: JPM

 

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Source URL: http://www.zerohedge.com/news/2014-04-04/peak-bubble-20-stocks-are-now-exactly-overvalued-they-was-during-last-bubble-peak

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[2] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/04/JPM%20SPX.jpg