For investors in US equities, October was a painful month. But at least we did not suffer alone - it was a brutal month for almost every asset class. Amid fear and panic selling, only gold posted a meaningfully positive return.
After that sell-off, moreover, we can - for the first time in two years - say US stocks are unambiguously good value. At the time of writing, the market trades on a forward P/E of just 15x. That seems...
Headed up by Penny Kyle
Ex-Standard life manager Angela Burns
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