Global Equities Cheap Based on PE, EM Cheapest Since 2004VW Staff
Barclays analysts Dennis Jose, Joao Toniato, Hajime Kitano and Barry Knapp take a look at the global equity scenario and prefer to look beyond the U.S. for opportunities.
Specifically, they find emerging markets Europe and Japan as being worthwhile investing destinations—of course, for differing reasons.
Global equity: Key rationale
Stocks, as an asset class, still offer scope for appreciation, and are steadily closing the gap with bonds.