There are times when avoiding losses is far more important than looking for gains.
As the debate continues between what the Federal Reserve says it will do and what the market thinks the Federal Reserve will do, there is one inescapable conclusion we must consider: no matter how you look at the world, and regardless of your expectations for the economy and the Fed, stocks are not cheap at current levels.
Let’s look at the numbers, and where to find the real bargains…
This post originally appeared at Investors Alley.