This has been the Billion dollar question for everyone since we had Dow hitting record high 16,000, S&P hitting record high 1,800 and Nasdaq hitting record high 4,000.
It has been common that when major indexes hit their respective record high, retail investors become more wary of their reversal turnaround and expecting a crashdown in the stock market.
My colleague at work says that Mar 2014 is the turnaround day the market will come crashing down. Another colleague says the Fed will extend its buying program and keeps interest low until 2015. Research Analyst at UOB mentioned investors to be wary of Fed tapering in Jan 2014. Marc Faber, Dr. Bearish, has been warning investors that stock market could gone crashing down next year worse than the state of economy in 2008.
What about some market statistics?
We have the Shiller PE ratio, which measures PE based on a 10 ...
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