Bull Market 2016: The Expensive Gets More Expensive

Main content

  • Relative valuation techniques suggest that equities could get more expensive before valuation is a real concern.
  • The only way to protect against upside risk is to own the market in a prudent way.
  • UK’s currency independence mitigates risk to EU and softens economic blow to Britain
  • Despite the low return, low growth world, markets continue to “climb a wall of worry.”

Footer content