Just wondering about market P/Es?
To me, the term 'tech bubble', or simply 'bubble', refers to the fact that a market is overpriced. I'm just wondering, is the current stock market (as a whole) overpriced, in terms of P/E or some other measure, when compared to the late 90's? I'd don't know the answer, I'm just wondering...
Also, if the bubble is occurring in the private equity arena this time around, as the article partly suggests, then average investors may have less to worry about when compared to 2000.
Biting the hand that feeds IT
