The US stock market is as expensive as it has ever been. Other markets are cheaper in comparison, but no region is offering attractive multiples on a time-series basis. Historically, a major US market downturn has impacted other global markets.

The US stock market is as expensive as it has ever been. Other markets are cheaper in comparison, but no region is offering attractive multiples on a time-series basis. Historically, a major US market downturn has impacted other global markets.
