According to Bob Baur, despite the US sharemarket looking a little expensive at the moment on price-to-earnings, it won’t stop it rising further amid strengthening economic growth, positive earnings momentum for US companies and potential renewed optimism about Trump. Baur discusses his market outlook for 2017, the US economy and the potential impact of a Trump presidency in an interview with The Australian.
Read the story: Why Bob Baur’s bullish on US stocks - The Australian