| The inspection is aimed at helping curb smuggling and undervaluation practices and to nab corrupt customs officials. |
| On our long-term gauges of equity valuation, North American equity markets are hovering between mild overvaluation and undervaluation. |
| Much of the current undervaluation of equities, relative to our fair value model, can be explained by this risk aversion. |
| Its root cause was a widespread undervaluation of risk in the global financial system, especially in the most advanced economies. |
| Certainly, many of the reasons for the problems of Europe lie in this culpable and deliberate undervaluation. |
| The euro is already undervalued and the question is whether an even greater undervaluation will drive demand. |
