Valuation Extremes Suggest We Could Be on the Cusp of a Lost Decade

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Valuation Extremes Suggest We Could Be on the Cusp of a Lost Decade

Lost decades in the markets are not at all uncommon.

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Current valuation extremes suggest we may be on the cusp of another one.

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Certainly, it appears equity investors today want to have their cake and eat it, too.

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Meanwhile, relative values overseas have rarely been so compelling.

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And the technicals suggest their long stretch of underperformance may have officially ended.

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