12.08.2016 • 13:00 GMT
A Fundamental and Structural Review of S&P 500 at Record Highs
John Kicklighter
• The S&P 500, Dow and Nasdaq closed at record highs simultaneously for the first time since 1999
• While market benchmarks are stretched to record highs, many fundamental metrics don't back such rich levels
• Value, participation and liquidity may be overlooked for a while, but they cannot be ignored permanently
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