The stock market has been looking a little top heavy for weeks on end after an early winter melt-up. But absent President Trump signing off on a new stimulus bill that features his demands for fatter stimulus checks to households reeling from the COVID-19 pandemic, the math suggests stocks would be too overvalued to not justify a correction.
Long-time market strategist Hugh Johnson of Hugh Johnson Advisors told Yahoo Finance Live he thought stocks were about 8.5% overvalued before Trump threw…
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