Looking for Value

By |2015-03-08T17:47:04-04:00March 8th, 2015|Markets|

Today's world is one of historically high US equity valuations, equity buybacks but an otherwise lack of breadth in equity performance, and little to no yield for short duration fixed income. Where does one look for value? Remember that "value" is representative of things that appear on sale relative to the alternatives. This means that there is a relative excess [...]