Post #171 by Said on the Macroeconomic Trends and Risks board

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Personal Finance Topics / Macroeconomic Trends and Risks ❤

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Addendum: virtually every conversation with equity investors these days revolves around how eye-wateringly expensive American stocks are. Should earnings growth disappoint even a little, large losses loom.

No, it's not from Jeremy Grantham or another "Doomsday prophet".

https://www.economist.com/finance-and-economics/20...

While "eye-wateringly expensive" might not be true for all: What if "earnings growth disappoint" happens for the mighty 7 (as they are valued for perfection)?

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