2015-06-02 — zerohedge.com
``... none other than Goldman's chief equity strategist, David Kostin echoed [Shiller's] sentiment when in his latest weekly note to clients he said that "by almost any measure, US equity valuations look expensive. The typical stock in the S&P 500 trades at 18.1x forward earnings, ranking at the 98th percentile of historical valuation since 1976''
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