By The Sizemore Letter<\/u><\/p>\n
Listen to Charles discuss the outlook for inflation–using Japan as an example–and whether or not we’re in a stock market bubble with Mike Robertson on Straight Talk Money.<\/p>\n
Charles and Mike consider arguments from InvestorPlace’s Jeff Reeves and Pension Partners’ Michael Gayed.<\/p>\n
Related reading:<\/p>\n
Reeves: “Why This Market High is Different<\/a>”<\/p>\n Gayed: “The Mother of All Fed Surprises<\/a>”<\/p>\n In a nutshell, Reeves argues that the metrics used to gauge the market’s valuation are dated and that too much emphasis is given to returns data that is too old to be useful. \u00a0Jeff also pokes holes in the belief that we are “due” for a correction of 10% or more. \u00a0Gayed counters that defensive sectors are leading–which is typical of the late stages of a bull market–and that more cyclical asset classes, such as small-cap equities, have struggled to make new highs.<\/p>\n This article first appeared on Sizemore Insights as Podcast: Are We in a Stock Market Bubble?<\/a><\/p>\n