Here’s why the ASX is overvalued (The Aust 19/10/19)

It’s been a strong year for Australian equities to the end of September, with the ASX200 up 12.47 per cent against the MSCI All Country World Index (ex Australia) up 8.76 per cent.

The outperformance has led to a lot of questions as to where equity valuations are and whether they are expensive.