Subject: Re: OT- Guy Spier on Podcast/ limited BRK discussion
wrt to the earnings yield (PE) being relatively flat...
decent article on SeekingAlpha recently about a bearish warning - that the earnings yield hasn't been this low compared to the treasury yield in over 20 years (since that ugly tech bubble 1.0 burst.)

https://seekingalpha.com/news/...

FWIW,
FC