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How Long Can This Last? One Simple Reason To Favor Overseas Stocks Vs The S&P
It's pile on time when it comes to Wall Street telling you why you should prefer pretty much any equity market in the world to US stocks.
To be sure, that's not necessarily meant to be disparaging towards the people churning out this research. All you have to do is look at your favorite multiple and/or take a peek at corporate leverage to understand that nothing is cheap and/or safe state-side. Indeed, we highlighted a note out from SocGen that discussed this very same topic earlier today. Here
“There is noway this can continue”, PERIOD.