Based on Hussman's most trustworthy gauge — the ratio of nonfinancial market capitalization to corporate gross value-added — market valuations exceed even 1929 concentrations, when the Dow hurtled 89% peak-to-trough. For the basic conversion, we make use of the midpoint concerning the get and sell rates of USD to https://financefeeds.com/amarkets-wins-most-transparent-broker-award-at-financefeeds-awards-2024/