Australian Stocks More Expensive Than U.S.

Australian shares are at their most expensive relative to U.S. equities in 2 1/2 years, a signal that has previously indicated the South-Pacific market will trail behind returns in the world’s largest stock market.

JPMorgan's Bell Sees Opportunities in European Equities
01:07 - Michael Bell, global market strategist at JPMorgan, discusses the market implications of Brexit and where he's finding opportunity. He speaks to Bloomberg's Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe." (Source: Bloomberg)
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