Citi Predicts Equities Gains As Global PE Hits 40 Year Average

The bullish mood continues as Citi predicts that not only will equities gain 15% worldwide, they even think there is room for further growth from re-ratings by year-end 2014. “Despite this ‘Great Rerating’ of 40% over the last two years, global stocks look reasonably priced on 40-50 year average P/Es,” writes Citi analyst Robert Buckland. “We think that 2014 equity gains will be driven partly by a resumption of global EPS growth and partly by a further flow-enhanced re-rating . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers