A podcast recommendation from Alphaville.
¯\_(ツ)_/¯
Sometimes, boring is good.
Nah.
A pinch of salt, a bigger pinch of money.
Check mate?
This time is different, says Goldman.
Can we learn anything from eye-watering valuations of the past?
Not quite 'to the moon', but close enough
Well, far from expensive, says Credit Suisse.
Some fun with the Fed’s Enhanced Financial Accounts data.
But central bankers now want to make Wall St poorer…
Debunking (again) the so-called “Fed model” for equity valuations.
Go long the Nasdaq if you want to rub shoulders with every single other fund manager.
On a relative basis they have almost never been cheaper.
Cashing out of stocks after prices have dropped can make a lot of sense if you’re worried that incompetent policymakers are about to drive your country into a repeat of the Great Depression.
Lots of money chashing expensive assets generally doesn’t end well.
The VIX is low… too low.
