Long Term Projections Shift Sharply
by UPFINA
Weekend Reading from UPFINA
Many investors are worried about the American stock market because it takes up a large portion of global markets. In fact, the big tech firms are larger than many developed economies. Investors are also worried about the high CAPE ratio. We will discuss valuations in the next section. Let’s not ignore the positives. There has been a major step change in US economic growth expectations in relation to other economies.
Source: http://econintersect.com/pages/investing/investing.php?post=202106050426
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