outbreak pandemic Coronavirus

‘Everything is expensive’ as global stock valuation debate rages

Reading now: 465
www.livemint.com

Dotcom Deja VuAfter a more than 40% climb in stocks from the trough of the coronavirus-driven slump in March, global equity valuations have surged to their highest since the dotcom bubble of the new millennium.The MSCI AC World Index is trading close to a commanding 20 times forward estimates for the next year, according to data compiled by Bloomberg.U.S.

PremiumWhile valuation concerns are not limited to the world’s biggest stock market, multiples in the U.S. are getting the bulk of the attention.For good reason.

If you slice and dice equal-weight gauges of the S&P 500 and MSCI World Indexes, the premium for an “average" U.S. share surged to the highest in at least a decade after the peak of the coronavirus outbreak.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA