As the tides have turned on global liquidity (at least for now), we decided to look at equity risk premia in a historical context. Do you get adequate compensation for equity risk? Probably not.
![Valuation watch – Are equities worth the risk? A look at risk premia](https://stenoresearch.com/wp-content/uploads/2023/01/WS-Asset-Allocation-1-1080x675.png)
As the tides have turned on global liquidity (at least for now), we decided to look at equity risk premia in a historical context. Do you get adequate compensation for equity risk? Probably not.