Standoff
Bloomberg Opinion
00:00
The Bottom Isn't In, There Could Be Another 20% Downside to Stocks
David Einhorn said this week that value investing might be dead because no one knows the value of anything these days. The market's pricing in a terminal rate beyond 4.85% right now, which is also worth noting. There has logically at some point to come a time when the screaming best way to make money is going and looking for all the ridiculously cheap stocks created by passive investing.
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