Global Equity Valuations

This chart shows the price to 10-year average trailing earnings (smooths out the sometimes highly distorted picture from just 12-month trailing) aka PE10 ratio for the USA and the average reading across the countries in Developed, Emerging, and Frontier markets.

Zooming out you can see the clear cycles of boom and bust (and the risks + opportunities in absolute terms), but also the convergence and divergence across those groups over time as international investing grew in popularity and then got cast to the wayside.

With one glance you can get a fairly good feel for where the longer-term risks and opportunities are here (and probably unsurprising given the previous charts). I can’t help but think how interesting the next decade in global equities is going to be, especially coming from this starting-point context.

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I can’t help but think how interesting the next decade in global equities is going to be, especially coming from this starting-point context.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c9fda3a303247b7828368d92ec11416f\" tg-width=\"1310\" tg-height=\"867\"></p><h2 id=\"id_4205391864\">For whom haven't open CBA can know more from below:</h2><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/455186728267792\" title=\"🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!\" class=\"\">🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!</a></p></li><li><p><a href=\"https://www.tigerbrokers.com.sg/activity/forapp/rules/?id=contradraw-0630\" title=\"Your first trade of the day = 1 lucky draw chance!\" class=\"\">Your first trade of the day = 1 lucky draw chance!</a></p></li><li><p><a href=\"https://ttm.financial/post/468973594943616\" title=\"Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!\" class=\"\">Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107\" tg-width=\"2160\" tg-height=\"1946\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p style=\"text-align: start;\">This chart shows the price to 10-year average trailing earnings (smooths out the sometimes highly distorted picture from just 12-month trailing) aka PE10 ratio for the USA and the average reading across the countries in Developed, Emerging, and Frontier markets.</p><p style=\"text-align: start;\">Zooming out you can see the clear cycles of boom and bust (and the risks + opportunities in absolute terms), but also the convergence and divergence across those groups over time as international investing grew in popularity and then got cast to the wayside.</p><p style=\"text-align: start;\">With one glance you can get a fairly good feel for where the longer-term risks and opportunities are here (and probably unsurprising given the previous charts). I can’t help but think how interesting the next decade in global equities is going to be, especially coming from this starting-point context.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c9fda3a303247b7828368d92ec11416f\" tg-width=\"1310\" tg-height=\"867\"></p><h2 id=\"id_4205391864\">For whom haven't open CBA can know more from below:</h2><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/455186728267792\" title=\"🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!\" class=\"\">🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!</a></p></li><li><p><a href=\"https://www.tigerbrokers.com.sg/activity/forapp/rules/?id=contradraw-0630\" title=\"Your first trade of the day = 1 lucky draw chance!\" class=\"\">Your first trade of the day = 1 lucky draw chance!</a></p></li><li><p><a href=\"https://ttm.financial/post/468973594943616\" title=\"Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!\" class=\"\">Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*!</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/216cd640fc711956f23be25cb35f1107\" tg-width=\"2160\" tg-height=\"1946\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","text":"This chart shows the price to 10-year average trailing earnings (smooths out the sometimes highly distorted picture from just 12-month trailing) aka PE10 ratio for the USA and the average reading across the countries in Developed, Emerging, and Frontier markets. 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Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*! 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/492195374473568","repostId":0,"isVote":1,"tweetType":1,"viewCount":385,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1137,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/492195374473568"}