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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
                
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                 由
                 Warren Pies
                提交
            
            
                        
                    
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                                                                            LADIES & GENTLEMEN.. Our 2nd episode, Sports Chokes.
            
                
            
            
                            
                                                
                                
                                     
                                                                            
                            
                                    
            
                    
        
        
    
        
        
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                                                                            LADIES & GENTLEMEN.. Our 2nd episode, Sports Chokes.
Al Michaels & Bob Costas join Ari & Ben as they try to land on 1 DEFINITIVE Sports Chokes Rushmore. Thru some debate & phenomenal story telling we discover which 4 sports chokes should be etched in stone forever.
HOW'D WE DO? 
                    
                    
                             btc
                                                            (
							
								                                 twitter.com)
						
                            
            
                                            
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                                                                            🚨 NEW: Vice President JD Vance on Elon Musk & DOGE:
            
                
            
            
                            
                                                
                                
                                     
                                                                            
                            
                                    
            
                    
        
        
    
        
        
        
        
        
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                                                                            🚨 NEW: Vice President JD Vance on Elon Musk & DOGE:
"Elon is not disappearing. $160 billion in savings, that's a lot. Nobody said that the work of DOGE would only last 110 days. We think there's a lot more waste & fraud that we can find. We're going to save the American people 
                    
                    
                             btc
                                                            (
							
								                                 twitter.com)
						
                            
            
                                            
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