Thursday, December 22, 2016

US stocks vs Developed and Emerging economies

If you want to be in equities, the U.S. market is now at the most expensive level compared to Europe, Japan and emerging economies it's ever been. There were more new 12-month lows than new highs.

In March 2017, the U.S. bull market will be eight years old. By any standard, this is a very aging bull market. By June 2017, the economic recovery will be eight years old. By any standard, a recovery that is very mature.

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