But I think now slightly a somewhat more realistic picture is emerging. Despite that, if you see other than the commodity stocks, most of the stocks are trading at 60 to 90 times forward earnings which is hardly the place that you would want to buy.
Global Markets | European shares fall again as Mideast war drags on
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A