By [ad_1]
There are good reasons for the FTSE 100 to be cheap, according to Bloomberg Intelligence. For one thing, it’s stuffed with resources stocks, whose multiples have compressed as earnings have risen, due to their cyclical nature. Beyond that, the FTSE 100 is generally weighted toward sectors that trade on low price-to-earnings because their growth prospects are not that exciting.
[ad_2]
Source link
What is your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
