Valuations — Dangerous Territory?Rupert Hargreaves
Valuations -- Dangerous Territory?
It's that time of the year again. Over the past few weeks, banks and brokers have been publishing their outlooks for 2016, and roundups of 2015.
Goldman's "Top of Mind" Global Macro Research report is just one of such roundups. The publication, issued at the beginning of this week takes a look at the principal themes that played out during 2015 and considers how they might evolve next year.
One of the key themes of 2015 was equity valuations. Heading . . .
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