Maybe you're right. But the stocks are very far from overvalued as long as the bond bubble doesn't pop (which depends on the FED policy).
https://endlessmetrics.substack.com/p/s-and-p-500-m2-money-s...
Also I remember listening to Ark's interview with Moderna's CEO last April when nobody knew about that company.
Your perspective could very well prove right, and mine wrong. Who's to say. Sometimes this time really is different. And us old guys will be the last to realize it.
Maybe you're right. But the stocks are very far from overvalued as long as the bond bubble doesn't pop (which depends on the FED policy).
https://endlessmetrics.substack.com/p/s-and-p-500-m2-money-s...
Also I remember listening to Ark's interview with Moderna's CEO last April when nobody knew about that company.