We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Take stock

3 January 2003

The US stock market is still expensive. Based on Tobin s Q it needs to fall a third to reach fair value. UK and European stocks are more fairly valued. They are also supported by higher dividend yields but for how long?

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)