U.S. stock market is obscenely overvalued Published by Hilliard MacBeth on Feb 23, 2018 The U.S. equity market is very expensive, according to most measures of stock market pricing. According to James Montier of GMO, the U.S. market is “obscenely” overvalued. Why are money managers still buying? James Montier wrote a 7 page piece called... Read more