4 ms·
GDP growth is uncorrelated with stock market valuations. https://m.youtube.com/watch?v=DEV49qY0TP8 https://m.youtube.com/watch?v=DEV49qY0TP8
by cko 4y ago
GDP growth is uncorrelated with stock market valuations.
https://m.youtube.com/watch?v=DEV49qY0TP8 https://m.youtube.com/watch?v=DEV49qY0TP8
- cs702 4y agoExactly his point. In his example, a prominent group of blue-chip companies grew for 17 years and their valuations remained flat (and net of inflation, declined).