Investment Weekly
Chart of the week – Stocks and the soft landing
Investors look to be in jubilant mood, with global indices hitting fresh all-time highs. But caution on developed market equities is warranted given that forward price-earnings ratios are well above their post-financial crisis average. By contrast, emerging market stocks trade on valuations that look less stretched, with a growth outlook that is relatively strong.
More from this week:
Market Spotlight
- China’s growth ambitions
Lens on…
- Who will blink first?
- Turkish delight
- High times for Asia high-yield