Clerks relay orders from traders on the trading floor behind them during a frenzy of activity in the Chicago Mercantile Exchange May 15, 2001.
REUTERS
- US stock valuations are high, but Lazard's Ron Temple is bullish on future returns.
- Temple cites US innovation and economic strength as key factors for a positive stock outlook.
- Temple also sees opportunities in emerging markets outside China and in Japanese stocks.
Yes, US stock valuations are high. Yes, that will dampen forward returns to a degree...