Siegel vs. Shiller

Siegel vs. Shiller: Is The Stock Market Overvalued?

In August, the current bull market in U.S. stocks became the longest one in history — and there are scant signs of it slowing down. The Dow, S&P 500 and Nasdaq have recently set all-time highs despite uncertainty over the trade war with China and political turmoil in the White House. For investors and other market participants, the big question is this: Is the stock market overvalued and a bear market is long overdue, or are stocks still reasonably priced and more upside is yet to come?

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