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A deep Fangs bite could be painful for global stock markets

New media and tech boom has made US stock market 6th most overvalued globally, according to Cape ratios


FANGS, the group nickname for Facebook, Amazon, Netflix and Google shares, have been wild performers this year. Adding Apple and Microsoft to the foursome, the market capitalisation of the stocks comes to an astounding US$3 trillion. If the tech and new media group fall for any...

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