Crockford: Many Factors Pushing Equity Valuations

The transcript discusses the factors influencing equity valuations, including low volumes, suppressed yields, and cost-cutting measures. It highlights concerns about productivity declines in US equities and the challenges of sustaining growth through cost-cutting. The discussion shifts to European stocks, focusing on dividend yields and the potential for future dividend growth. The ease of borrowing and its impact on dividends and share buybacks are also explored.

What concerns are raised about the sustainability of equity valuations in the long term?

In what ways might companies in Europe change their approach to dividends in the future?