UK investors looking for returns should keep these five charts handy which remind us that stock markets are near record highs, interest rates are at record lows and equities are overvalued by 60pc according to the Shiller CAPE
Chart 3 - Shows that Company debt levels are now higher than the 2008 crash
Chart 4 - Shows US stock markets are 60pc overvalued according to the Shiller CAPE
The Shiller PE ratio, devised by Yale professor Robert Shiller, averages out US corporate earnings through a 10yr period to reach a price earnings ratio that smoothes out the wild swings of the earnings cycle and is viewed as a better indicator of long term value.
Chart 5 - Shows that professional investors are making for the exit
The Bloomberg smart money flow index tracks the market movements at the end of the trading day on the Dow Jones when professional investors tend to make their move.
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