Economic and market updates
Equity Outlook: Key takeaways
- The U.S. equity market's 2013 advance was top quartile by historical measures; our outlook is more tempered heading into 2014.
- Rarely do we see equities with more homogeneous valuations than they have today.
- Recovery, restructuring, and emerging-market rebound potential support the outlook for international stocks.
- A continuing U.S. recovery would provide a helpful external boost to non-U.S. stock markets