Aren't the stock prices extremely rich because of the Fed artificially holding interest rates down for so long? Corporate balance sheets are not that rich. Since everything investment wise returns to the mean, won't there eventually be a severe correction before the market eventually proceeds upward again? Some pundits have predicted a ROI of only 2-3% for several years. Right now it seems there is no great choice. Bonds are too expensive, stocks overpriced, reits will suffer when rates rise unless they are triple net lease, oil and gas investments are, for now, not prudent. What do you think?
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