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Stocks are expensive but that doesn't mean the bull run is ending
CNN
Stocks enjoyed a stellar first half of the year. But will the market be able to keep rallying?
Valuations are rapidly approaching historically expensive levels, and some experts are worried about how high stocks are relative to their earnings. One market measure, the Cyclically Adjusted Price-to-Earnings ratio, or CAPE, compares a stock's price to actual reported earnings (as opposed to estimates) over a 10-year period.More Related News