Just like that, the U.S. stock market suddenly became a whole lot cheaper. The flipping of the calendar to 2017 brought with it the first estimates for 2018 from S&P Global. And as would be completely expected, the consensus outlook for 2018 is absolutely fabulous! Grab your television remotes and your salt shakers, as analysts now have a fresh new point to reference in discussing how attractively valued stocks actually are today despite effectively trading at all-time highs. Of course, our wildest dreams for the future often prove elusive once time moves closer to reality. And this includes the outlook for U.S. stocks.
What A Bargain!
It makes for a great narrative for those on the box or in the papers that have a vested interest in the stock market (DIA) soaring to new heights.
"Stocks are actually not expensive today but are instead attractively valued with