4 Comments

Call me strange, but Iā€™m more fearful of the U.S stocks ex TMT valuations given how little growth surprise they have on the upside. If anything, they are more likely to surprise us on the downside.

I thought this shake out could be finding a bottom, but that was looking at price charts, so looking at the valuation story changes my view dramatically šŸ‘€

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"A full mean reversion would require US tech stocks to drop a further -30% from here."

Looking forward to this volatility! https://blog.inverteum.com/p/professional-investment-strategies-need-short-component

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Given some of the valuations there is enough meat on the bones of some of these tech stocks to fall further.

Global exposure and education around ETFs are skewing the prices upwards in my opinion.

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indeed, the dynamics are definitely a bit different now with a new generation of speculators and investors in the market...

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