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Cleanest Dirty Shirt - Or 3rd Most Expensive Equity Market In The World?

By Tyler Durden
Created 01/01/2013 - 12:55
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 01/01/2013 12:55 -0500



 

Presented with little comment except to rhetorically ask (Tom Lee) - where's the value?

 

Cyclically Adjusted Price/Earnings Ratios (Shiller PEs) for global stock markets...

[3]

 

Source: Barclays

 

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Source URL: http://www.zerohedge.com/news/2013-01-01/cleanest-dirty-shirt-or-3rd-most-expensive-equity-market-world

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/7847
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/12-2/20121231_PE.jpg