Equities around the world fell last week. I had mentioned in my earlier articles that equities especially S&P 500 are expensive based on Case-Schiller Index. Over the next few months, equity markets around the world will be very volatile. I feel more correction is set to come in. Case Schiller (CAPE ratio: Cyclically Adjusted PE ratio) calculates price earnings ratio of inflation-adjusted earnings of previous 10 years.
Categories: Finance & Economics