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What’s Price Got To Do With It? A Conversation With Cameron Dawson

RiskReversal Pod

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Liquidity and the Fed's Rally

Growth stock valuations are up 8 or 10% year to date. How could growth stocks be trading at valuation levels that are now back to pandemic level bubble areas? I think it's liquidity. The last time we had an unexplained growth rally was in the summer of 2021, which also was the last time we were going into debt ceiling and we had a big draw down of the Treasury General account.

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