The current unemployment rate of 4 % is less than half of what it was in 2009, and
economic fundamentals appear to be robust.
The economic fundamentals appear fine and the environment has been gradually improving over the last couple of years.
U.S.
economic fundamentals appear solid, but U.S. equities are trading at a significant premium over other developed and emerging markets.
Not exact matches
The Congressional Budget Office defines asset bubbles as: «An
economic development in which the price of a class of physical or financial assets (such as houses or securities) rises to a level that
appears to be unsustainable and well above the assets» value as determined by
economic fundamentals.
Granted, we're talking about businesses that proved relatively immune to the credit crisis & subsequent
economic decline, but underlying
fundamentals certainly don't
appear to justify current valuations.
It
appears shareholders are optimistic that
fundamentals will improve, and investors are taking heart in the 57,000 new jobs created in September, according to the U.S. Department of Labor, as well as other positive
economic signs.