126 Chris DeMuth - What To Do When Markets Are Fully Priced

Chris DeMuth is one of 25 Seeking Alpha Contributors participating in the 2017 DIY Investing Summit. In the summit, one of the questions I asked Chris was what would be the main points of a "State of the Markets" speech to DIY investors. Below is an excerpt from the interview and a summary of his response.

Chris's "State of the Markets..."

• Markets are fully priced
• Overall market cap is 1.25x of GDP
• Markets historically don't do well at these levels
• We also have a bursting bond bubble
• Credit is tightening
• What we "think we know" about stocks may be changing due to shifts in the bond market
• This bull market will suck everyone in before it's done
• A dramatic environment does not warrant a dramatic response
• Be sure to always underpay
• Look for individual situations where people are panicking and not paying attention
• Would be in cash if there are no compelling ideas

This is just a small excerpt of what's covered in the interview.

The interview if full of detailed tips on Chris's core investment strategies, top advice for DIY investors, and specific ways he's positioning for 2017.

Enjoy the full interview with Chris and other top investors on Seeking Alpha. Registration for the summit is now open and free for a limited time.

Don't like audio/video interviews?

If you prefer to read content as opposed to watch and listen, detailed summary sheets have been created for every interview as an optional add-on. These are better than transcripts, they get to the point and capture all of the highlights.

Full list of summit contributors:

Chris DeMuth, Bret Jensen, Brad Thomas, Eric Parnell, Rida Morwa, Ian Bezek, Richard Lejeune, Richard Berger, Aurelien Windenberger, Doug Eberhardt, Dividend Sensei, Ralph Baker, Lawrence Fuller, Double Dividend Stocks, Mark Bern, Mark Hibben, Dividend House, J Mintzmyer, William Koldus, Damon Verial, Avi Gilburt, Shailesh Kumar, Chuck Carnevale, Adam Aloisi, and Colorado Wealth Management

Join Chris at the DIY Investor Summit (free for a limited time) where he shares detailed tips on his core investment strategies, top advice for DIY investors, and specific ways he's positioning for 2017.

http://diyinvestingsummit.com/

Companies mentioned in Chris's interview: Rite Aid (RAD), BNC Corp (BNCC), Bob Evans (BOBE), Amazon (AMZN), Tesla (TSLA), Valeant (VRX), Ocean Shore (OSHC), Biotechnology (IBB), S&P 500 (SPY)

Disclosure: This article is for information purposes only. There are risks involved with investing including loss of principal. Brian and Investor in the Family make no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made. There is no guarantee that the goals of the strategies discussed by Brian and Investor in the Family will be met.