Elevator to the stratosphere?
Ingham Analytics has issued “Elevator to the stratosphere?” and if you are exposed to US equity markets, you’ll want to get their take on valuations and what’s driving behaviour. Guess what percentage the market value of US stocks is now to GDP? Or the ratio of market value to profits? The figures will astound you. What about recovery in earnings? And why are out-of-the-money call options soaring? What should you buy and sell?
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