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S&P 500
Is the market overvalued or in a bubble? Contrary to consensus - no.
If analysts are correct and margins expand to 15.5% by 2027 (+180 bps), then multiples remain more likely to expand than contract.
Less cyclical index composition + higher margins = rising multiples.
时政
(
twitter.com
)
由
Warren Pies
提交
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REPORT: The San Francisco homeless population has "miraculously" gone missing as President Biden & Chinese President Xi Jinping are set to meet in the liberal city.
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REPORT: The San Francisco homeless population has "miraculously" gone missing as President Biden & Chinese President Xi Jinping are set to meet in the liberal city.
Remarkable!
The typical drug addicts & homeless who wander the city like zombies have disappeared as 20,000…
时政
(
twitter.com)
00:02:09