Continued monetary stimulus from the Fed, including $60 billion per
month in balance sheet expansion beginning in October, along with
positive investor psychology have continued to propel equity markets
higher. Currently U.S. equities (particularly large-cap growth equities
such as the S&P 500 index) remain overvalued, as the S&P 500’s
price-to-sales ratio nears an all-time high….

DISCLOSURES: The opinions expressed in this Podcast are those of Fritz Folts and Eric Biegeleisen of 3EDGE Asset Management (“3EDGE”). They are provided for informational purposes only and are subject to change without notice. Their opinions are not intended to provide personal investment advice and do not take into account the unique investment objectives and financial situation of the reader. Investors should only seek investment advice from their individual financial adviser. Mr. Folts and Mr. Biegeleisen’s observations include information from sources 3EDGE believes to be reliable, but the accuracy of such information cannot be guaranteed. Investments including ETFs, common stocks, fixed income and commodities involve the risk of loss that investors should be prepared to bear. Past performance may not be indicative of future results.