Too much of the bubbly on Wall Street?(overvalued US stock market): An article from: Dollars & Sense

This digital document is an article from Dollars & Sense, published by Economic Affairs Bureau on July 1, 1999. The length of the article is 2267 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: An impending stock market crash in the US is predicted to follow after soaring stock prices in the 1990s. Over the decade, the value of Standard and Poor's 500 rose almost 400%, and after adjusting for inflation, the increase is still about 250%. Likewise, the after-tax profits of corporations since 1988 have increased nearly 80%. Although it is widely accepted that the US stock market is overvalued, little is done to warn the public of the dangers this unrealistic scenario may bring.

Citation Details
Title: Too much of the bubbly on Wall Street?(overvalued US stock market)
Author: Dean Baker
Publication:Dollars & Sense (Newsletter)
Date: July 1, 1999
Publisher: Economic Affairs Bureau
Issue: 224 Page: 10(4)

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