ECONOMIC TIMES

SUMMARY

Mumbai: Jefferies' global equity strategist Chris Wood said his base case remains US underperforming other stock markets in the wake of weakening dollar and a bearish US Treasury bond market in reaction to Donald Trump's tariff policy. In his Greed & Fear newsletter, Wood said that with US stocks still trading at an estimated price-to-earnings (PE) ratio of 19.2 times, global investors should continue to reduce positions there in favour of Europe, China and India

CLICK HERE FOR FULL NEWS