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Hidden Value Gems
So far, Germany has been the best performer, Euro stocks, UK, China - all outperforming US.

Hopefully not just a temporary rebound on the peace talks expectations.

#DAX
#FTSE
#SPX
#China https://t.co/IQUWvI5Vjh
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Offshore
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Hidden Value Gems
The chart looks interesting 👇🏼

“The gap between the highest and lowest yields among the main U.S. assets is the smallest in 40 years.”

Investors have to make two calls:

1️⃣ Are stocks really worth paying 21 times their expected earnings over the next 12 months, an earnings yield of just 4.7% (with 10-year Treasurys at 4.4%)?

2️⃣ “Could it be that the margin of safety stocks have over bonds is actually bigger, because Treasurys now embed more risk?”

#investing #stockmarket #SPX
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