Feature Article 11/29/2017: US markets looking ‘overstretched’ and could trigger a sharp reversal, ECB vice president says

By November 29, 2017 Uncategorized

US markets looking ‘overstretched’ and could trigger a sharp reversal, ECB vice president says

  • The vice-president of the European Central Bank (ECB) warned Wednesday that current high valuations in U.S. equities could spark a possible correction in global stock markets.
  • Speaking to CNBC, Vitor Constancio said: “Certainly the cyclically adjusted price earnings ratio in the U.S. is well-above historical averages”
  • The ECB released Wednesday its biannual Financial Stability Review, in which the central bank points to potential risks to the stability of the euro area
Chris Dickens

Author Chris Dickens

More posts by Chris Dickens

Free Investor's Guide

To Precious Metals!