Valuation doesn't help timing for US stocks | Authers' Note
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The US stock market looks very expensive, but John Authers shows that this says nothing about the chances of a market fall over the next 12 months. It does, however, suggests that in the longer term, stocks will not rise much over the next decade.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
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The US stock market looks very expensive, but John Authers shows that this says nothing about the chances of a market fall over the next 12 months. It does, however, suggests that in the longer term, stocks will not rise much over the next decade.
► FT Markets: http://bit.ly/1J5HNd3
► FT Global Economy: http://bit.ly/1J5mmqH
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes