World Markets Stock Consideration Report – USA – 2019 July

The Total market is now 5% higher than it was 12 months ago with a valuation of 116.2%. The relationship between the two values is much better than previous. When the market was at this level a year ago we were experiencing valuations that were increasing at a rate that was more rapid than the increase in market value and had reached a ratio of nearly 2.00. The expectations ratio is now a more reasonable 1.74.