Steven Leuthold, "Today’s stock market is quite undervalued"

By on November 1, 2008

According to long-time stock market prognosticator Steven Leuthold, “Today’s stock market is quite undervalued, in the low 15 percent of our 60-year valuation history.” Leuthold must be taking into account the relatively low level of interest rates, which many pundits seem to be ignoring when they claim the market isn’t cheap yet.


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