Many shares still look attractive even on conventional valuation metrics such as price:earnings ratiosVery little stands in the way of the market moving higher, perhaps substantially higher, this year.
My concern is that the market goes up far more than even ardent bulls expect, making most stocks unattractive even for those with much longer time horizons than the typical market participant. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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