Tag: stock pickers market
Times Are Ripe For Active Management
Summary U.S. stock indexes are trading at or above valuation extremes The U.S. economy still has considerable economic slack Value-oriented “active” stock selection should thrive On just about every valuation metric, U.S. stock indexes are trading at or above historical extremes. And yet, while the U.S. equity market is overextended, the U.S. economy is not. […]
