The legendary value investor speaks about today’s markets, gold and the pockets of value starting to open up.
In the US he feels Robert Shiller is right, and the US stock market is still overvalued. The only major stock market he sees that is truly cheap is Japan.
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[...] “incredibly cheap.” The kool-aid is obviously still flowing. You can hear his views in this excellent TV interview.Steve Leuthold is likewise loaded for bear. Lots of good thinking:For me, one of the long-term [...]