Firms of growth stocks all trade at high valuation levels, meaning they usually have high price - to - earnings (P / E) ratios. (financialtrading.com)
Fisher is known for two things: predicting that stocks had reached a permanently higher valuation level just before the 1929 crash and explaining that the nominal interest rate is the sum of inflation and the real interest rate. (indexologyblog.com)
The primary asset classes (commodities excluded) have hit the second highest valuation levels in history. (etfexpert.com)