Nobel Prize-winning economist Robert Shiller says that while the US stock market is high, there are still attractive valuations in global stock markets.
When discussing Shiller P/E ratio, the cyclically adjusted price-to-earnings ratio, he said at 27, the US market is high. “In Europe it's much, much, lower... “He said, “Some people say that everything is overpriced right now, well there's some truth to that, but there's also still a lot of opportunities.”
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