Published on Monday, December 11, 2017 | Updated on Tuesday, December 12, 2017

U.S. | Are Equity Prices Overvalued?

Summary

The stock market is not significantly overpriced after controlling the effect of imminent corporate tax cuts. No visible credit bubble for domestic debt. The deleveraging of households and financial institutions is effective

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Authors

Kan Chen

Documents and files


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Report (PDF)

171207_US_CreditBoom

English - December 11, 2017

Report (PDF)

171211_US_CreditBoom_esp

Spanish - December 11, 2017

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