There are lots of theories as to why equity market values might look high.
Chief among them are low interest rates pushing investors into equities to seek returns, and governmental stimulus putting cash in the pockets of people willing to have a punt on stocks (especially in the US).
We find this sort of question interesting, but as interesting a question as it is, it is not information we use to make decisions.
Listen to this episode to find out how we measure value.
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Please note, these views represent the opinions of the Evenlode team as of May 2021 and do not constitute investment advice.
Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.
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