Following up on our earlier post (“Richard Bernstein: US Stocks to Outperform Brazil’s”), our reader Sid corroborates with Richard Bernstein’s views on Free Cash Flow yield comparisons between Brazil and US companies, with an informative graph originally posted at The Sloth and the Turtle (as of October 2nd) and now re-posted here:

Richard Bernstein: “Ten years ago, free cash flow yields in the U.S. were at 2 percent, versus 7 to 8 percent for the emerging markets. Today, these numbers are flipped, and U.S. stocks are as cheap as emerging market stocks were 10 years ago. I believe the opportunities in the U.S. are immensely better than they are around the world.”
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