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Maxed Out Markets: Investing When Everything Is Expensive

Many Happy Returns

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Market Valuations and Future Predictions

This chapter examines current stock market valuations, particularly the disparity between the top 10 stocks and the broader index, while raising concerns about potential underperformance of the S&P 500. It also explores Goldman Sachs's forecast on Treasury yields outpacing stocks, analyzing the credibility of their predictions amid unpredictable market and political dynamics.

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