Double Bubble: The Implications of the Over-Valuation of the Stock Market and the Dollar


 

Publication Date: June 2000

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Economics

Keywords: Stock prices; Valuation; Trade volume; Federal budget

Type: Report

Coverage: United States

Abstract:

This report examines the over-valued stock market and dollar and finds that current stock prices are inconsistent with plausible projections of future profit growth.