Valuations have become something of a hot topic of late for one very simple reason: they are stretched to the absolute breaking point.
Or at least in the US they are.
Recall the following table from Goldman that illustrates just how hilariously rich markets are on almost every metric investors care to mention:
(Goldman)
Well, for those of you interested in how things look globally, or for anyone who wants to see a sector by sector P/E breakdown (again from a global perspective), consider the following useful set of visuals out Monday from Goldman…
