Why this strategist still says U.S. stocks should trade at a premium to China’s

Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times earnings) should continue.

Mar 19, 2025 - 15:20
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Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times earnings) should continue.