Evidence for an Overvalued Stock Market

From Seeking Alpha:  "From a long-term investment standpoint, the stock market remains obscenely overvalued, with the most historically-reliable measures we identify presently consistent with zero 10-12 year S&P 500 nominal total returns, and negative expected real returns on both horizons."

http://seekingalpha.com/article/3960239-stock-market-remains-obscenely-o...