The era of ‘price-insensitive buying’ has led to this troubling chart
April 10, 2019 at 16:30 PM EDT
The top-heavy valuations of the likes of Facebook, Amazon, Netflix and Google — known as the FANG stocks — has been a steady theme as the bull market continues to prove resilient. But longtime investor Jesse Felder of the popular Felder Report says there’s another, oft-overlooked angle illustrating just how expensive stocks have become