Value Investing in a Fairly Valued World
Investing in a Fairly Valued World via Trapeze Asset Management
A Fairly Valued World
For several years we have been arguing that global equity markets are undervalued and represent the best investment alternative given growing corporate profits (S&P 500 Index earnings have nearly doubled in the last five years), a favorable monetary backdrop and a recovering economy.
For the first time since the financial crisis we see most developed markets . . .
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