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David Rosenberg is chief economist with Gluskin Sheff + Associates Inc. and author of the daily economic newsletter Breakfast with Dave (Deborah Ba/The Globe and Ma)
David Rosenberg is chief economist with Gluskin Sheff + Associates Inc. and author of the daily economic newsletter Breakfast with Dave (Deborah Ba/The Globe and Ma)

David Rosenberg: Are U.S. stocks overextended? Five factors investors must consider Add to ...

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Are U.S. equities overextended?

Well, the first issue that must be addressed is: What exactly constitutes an overextended market to begin with? There are so many ingredients to take into account.

Here they are, all five of them – you be the judge:

1. Valuation (overly high pricing relative to underlying fundamentals);

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