Global Equity Risk Premia - 2023-04-17
Date:
Tuesday, April 18, 2023
Summary:
The US continues to offer the least-favorable premium for bearing equity risk in the world, with the ERP even lower than the low associated with the November FOMC. But that's not the same thing as saying that stocks aren't attractive -- after all, since then, and even with a narrower ERP now, the S&P is up 9.1%.