The Week That Was (5th - 11th September 2021)
Equities Remain Cheap
Equities are still cheap
The market capitalization of global equity markets is the same as global GDP apparently. It’s one of Buffet’s indicators that things are overcooked. But who cares?
Like Buffet, it’s outdated.
There are many private unicorns and there’s much more money in PE now than in the past!
Most important, the pundits forget that interest rate…
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