‘Extreme’ Stock-Valuation Gap Looms Over Gravity-Defying Rally

Apr 23 2019, 4:42 PMApr 23 2019, 8:10 PMApril 23 2019, 4:42 PMApril 23 2019, 8:10 PM

(Bloomberg) -- As the S&P 500 approaches all-time highs, defensive investing styles are trading at their most overbought levels in decades -- a sign of investor incredulity at this gravity-defy...