Aside from the dot-com bubble, U.S. stocks trade at their biggest valuation premium over the eurozone, U.K. and Japan since at least 1980
First, the U.S. economy is doing much better than troubled Europe, aging Japan or Brexit-stricken Britain. Second, the U.S.
market includes the FANGs of Facebook, Amazon.com, Netflix and Google, now Alphabet, while the rest of the developed world has few big companies with high growth potential.To Read the Full Story
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