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panax
1128 days ago
That helps illustrate that a lot of US equities are relatively overvalued. Very high valuations and relatively low risk premiums for US equities.
2 comments
BadTakeAbove
1128 days ago
Maybe somewhat, but mostly it means that the US is an economic powerhouse with a lot of companies that provide global value (see: basically every tech company).
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panax
1128 days ago
Yes that too. It also has some of the best quality companies which accounts for a lot of it, but even then it is still pretty extreme.
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jjtheblunt
1128 days ago
does it also illustrate that, outside of america, there are huge numbers of people in poverty?
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