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"Equities are still cheap, relative to bonds," he observed.
Value investors typically seek stocks that are cheap relative to their long-term financial fundamentals.
The textile industry came to Cambodia because labour is cheap relative to other countries, including China.
If they cut themselves off from trade, manpower will be cheap relative to capital.
After all, many analysts think shares look cheap relative to government bonds.
Unhealthy food products may be cheap relative to income today, but not because of farm subsidies.
They may look cheap relative to government bonds, but that measure is irrelevant.
The pharmaceutical sector looks cheap relative to its own historic valuations.
They also look cheap relative to GDP per head.In Britain, house prices are overvalued.
Aside from financial companies, corporate profits, these specialists say, are still strong and stocks are cheap relative to their earnings.
Analysts proclaim that the market is cheap relative to prospective earnings, and advise that investors should pile into shares.
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CEO of Professional Science Editing for Scientists @ prosciediting.com