<Image Credit : Barron.com>
I think it
is time for me to update the world major stock market’s valuation by “ Regression to the Mean ” after DJ exceeded 21,000 mark in such
a short period after hitting 20K level.
that “ Reversion to mean “ is just a “statistical phenomena “ and it may take
much longer time to “reverting to mean” if market is in bubble or irrational