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Schwab's Jeffrey Kleintop Commentary: Are Stocks Too Expensive ?

FYI: Key Points:

.Although world stock market valuations are above average, similar valuations have produced double-digit gains over the following 12 months during the past 50 years.

.Relative valuations do not currently favor one country or region's stock market over another.

.Valuations support a globally diversified portfolio offering the best diversification benefits in 20 years.
Regards,
Ted
https://www.schwab.com/resource-center/insights/content/are-stocks-too-expensive
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