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Valuations are stretched beyond historical comparisons.
By contrast, he advised avoiding the more defensive groups, to which investors turned last year, like food and pharmaceuticals, where "the complete reverse is the case; valuations are stretched, and these are the ones investors will ditch as they incorporate a more optimistic economic view".
–Small-stock valuations are stretched.
If they are to still achieve their retirement goals, they will have to accelerate their retirement saving at a time when stock valuations are stretched (to put it mildly).
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The benign regulatory climate should also warm the hearts of shareholders of these companies, where stock valuation levels are stretched tight as a drum.
It also looks particularly attractive today, when valuations of both shares and bonds are stretched and when other so-called alternative investments are looking dodgy.
We found valuations to have been stretched in three main areas: cellular handsets, companies reliant on Internet advertising and companies involved in personal computers.
Beyond the threat of rising inflation, as well as various geopolitical risks, valuations are becoming stretched.
Valuations are also stretched, but to a lesser degree in Paris, Geneva, Tokyo and Frankfurt.
On this basis, valuations are also stretched, but homes are still considerably more affordable than they were at the end of the 1980s (see second chart).The decline in borrowing costs over the past decade goes a long way to explaining why house prices have proven so irrepressible.
In Italy and the Netherlands the pace of decline has quickened; in France prices are now edging down after a brief recovery.European valuations are most stretched in France, by as much as 50% judging by rents and by 35% on the basis of incomes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com