What to make of the US stock market’s relative valuation?

The high valuations of US equities relative to those elsewhere are, in our view, another reason to think they will lag their peers in the rest of the world over the coming years. What next for the ECB? We’re hosting a post-mortem after Thursday’s Governing Council meeting at 1100 ET to discuss its decision and our views on the euro-zone’s economic and inflation outlook. Register here.
Oliver Allen Markets Economist
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