NEW YORK: Major stock indexes have never been higher and yet that's hardly scaring people.
Stocks have soared in 2013, with the Dow climbing almost 11% to hit a series of new all-time highs while the S&P 500 has jumped 9.4%, falling just short of its all-time closing high after rising for 10 of the past 11 weeks. And yet, analysts for the most part see equities as fairly cheap.
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