The Big Theme 

US too big to exclude despite high valuations

US too big to exclude despite high valuations

Earlier this month the S&P 500, an index of the 500 largest publicly traded companies in the US, hit another record high. When a market reaches such levels it can be an indication that it is expensive, and analysts and advisers have been concerned about the US market in this respect for a few years. Hitting record highs could also mean that a market doesn't have much further to run and could be about to embark on a downward trend. So does this mean you should avoid or reduce exposure to US equities for fear of a crash?

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now