CAPE Does Not Only Work In The US: A Look At Shiller PE In The UK
With US equity valuations on the rise and sentiment turning against emerging markets, many value investors are turning their attention to Europe. While the UK equity markets are approaching their historic ceiling, the point just before a market top in 2000 and 2007, valuations are actually quite low and exposure to growing business investment could be a good way to beat other developed market returns.
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