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This Is “A Worrying Development”: OECD Compares US Stock Bubble To “Dot-Com Boom”
Well you can add the Organization for Economic Cooperation and Development (OECD) to the (very) long list of folks who think US stocks are out of fucking control.
On Wednesday, the OECD released their latest global outlook and the commentary on equities is "cautious" (to put it mildly).
Their assessment mirrors the narrative emanating from virtually every analyst and economist on the planet. Simply put, valuations are sky-high and bear little resemblance to economic reality.
Further, prices
