Market Ethos - August 28th, 2017

Fundamentals - The good & the bad

 

Earnings and sales growth were impressive this past earnings season, likely helping the market navigate some of the geopolitical bumps of late. In this edition we slice up valuations from a few perspective that clearly indicates the U.S. equity market is rich. In some ways as rich as the during the tech bubble of the late 1990s. Valuations provide one more reason to look to overseas developed markets to diversify.