[jcdavis]

Solely discussing stock valuations without also considering bond yields is a little misleading. With interest rates so low on a historical basis (albeit now possibly picking up), higher stock pricing is expected and isn't necessarily "overpriced"

A good recent discussion of this: http://brooklyninvestor.blogspot.com/2016/11/bonds-down-stoc...

[Jeema101]

I'm not sure where that guy is getting his data, but I think the average stock market P/E when 10 year treasury rates are in the 4-6% range is more like 19. But maybe he's looking at 'forward P/E' or something.

http://qvmgroup.com/invest/2013/06/22/sp-500-pes-versus-10-y...