The US “is the most expensive regional index based on the metrics,” wrote Tim Hayes, the firm’s chief global strategist. Valuations for emerging markets are “far better” while Japan is benefiting from ...
He added, “Many of the bubbly, frothy areas of the market have been driven primarily by expectations for rate cutting cycle. And much of that rate-cutting cycle is on the back of productivity ...
The core consumer price index, excluding the often volatile food and energy categories, increased 0.2% from August.
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