ABC's The Business called upon David Llewellyn Smith for comment on current equity prices in the United States and what may lie ahead.

Last week I ran through the big long-term (20-40 year) economic trends (click here for the full post) that investors should be aware of, noting that a couple of these trends (women in the workforce, the ratio of workers to non-workers and maybe trade) are changing for the worse. Stage two (today’s ...