Most equity measurements - from CAPE to earnings yield - suggest the US market is significantly overvalued. Geoff Legg, investment manager at Kennox Asset Management, explores the options for investors who still want exposure to the market
The US Nasdaq index has closed above its dotcom boom record for the first time in 15 years.
The FTSE 100 index moved back above 7,000 this morning after the Chinese central bank announced stimulus measures to prop up its economy.
Investors fear the US equity market may be the next victim of a soaring US dollar, as the strengthening currency begins to trigger fresh turmoil in emerging markets.
US stock markets followed in the footsteps of the FTSE 100 on Monday, with the Nasdaq reaching its highest level for almost 15 years.
Billionaire investor Warren Buffett is on course to win a $1m bet that the humble index tracker will produce better returns than a complex hedge fund.
The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.
A torrid year for equities in 2015?
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Poor road infrastructure and a shortage of haulage vehicles is holding back the US recovery. However, growth in other modes of transport has proved a profitable play for some investors, explains WHEB's Edward Franks.