World recently hit +1 Stdev from 10-yr average
[REITs]
Q2 hedge fund letters, conference, scoops etc
- Global markets are expensive, not bubble yet
US still trading +2 Stdev from 10-yr average
- US 10-year bull run hitting its peak
Asia ex Japan is trading around its 10-yr average
- Unlike the US, Asia valuations are not stretched
- Developed Asia ex Japan appears cheap
Article by Become A Better Investor
