Stock Markets Analysis and Opinion
Valuation Extremes Suggest We Could Be on the Cusp of a Lost Decade
2024.10.07 03:02
Lost decades in the markets are not at all uncommon.
Current valuation extremes suggest we may be on the cusp of another one.
Certainly, it appears equity investors today want to have their cake and eat it, too.
Meanwhile, relative values overseas have rarely been so compelling.
And the technicals suggest their long stretch of underperformance may have officially ended.