Macroeconomics 16th Jan '20 Valuation On every measure valuation in the US Stock market is towards to top of historic ranges. The stand out is Free Cash Flow yield.However, as we saw here, capital spending has reset structurally lower which explains this discrepancy. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)
