JPMorgan Shows The US Is The Most Expensive Developed Market In The World

Tyler Durden's picture

Presented with little comment, as the chart speaks for itself, but for those greatly rotating their 'cash on the sidelines' into stocks; JPMorgan points out that US equities are 2 standard deviations rich to their average valuation and are in fact the most expensive in the developed world...

 

 

Just don't tell Tom Lee...