Why My Nose Is Bleeding

Stocks are expensive. In fact, they are collectively about as expensive as they ever have been. And if interest rates continue to rise, as some are projecting, it threatens to bring with it a world of pain for stock investors. Valuation matters, and it is a point that investors should not overlook as we move forward in these unchartered capital markets of today.

Please click on the link to read more of my article on Seeking Alpha.

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