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The Japanese currency certainly looks overvalued.
The Ghanaian cedi, too, looks overvalued.
On the best long-term measure, the cyclically adjusted price-earnings ratio, Wall Street looks overvalued on a multiple of 21.9, some 33% above the historic average.
Wall Street still looks overvalued, with the risk that the recent run-up in shares is a repeat of the rallies in the Nikkei seen in the 1990s.
China's currency no longer looks undervalued; it looks overvalued, making life a lot tougher for Chinese exporters competing with other Asian countries, including Japan, that have seen devaluations.
What's interesting, though, is that most people argue that Facebook looks overvalued, yet we would not know what to do if that prediction came true.
Similar(50)
All three now look overvalued.
By many measures, America's stockmarkets still look overvalued.
Share prices still look overvalued by many measures.
Stocks and the dollar might both start to look overvalued.
And because of those strong earnings, stocks do not look overvalued, he said.
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