
At the Money: This Is Why Stocks Perform Best
Masters in Business
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Navigating Market Volatility and Equity Valuations
This chapter explores the interplay between stock performance and market volatility, shedding light on the risks posed by equities compared to safer options like T-bills. It also analyzes current stock valuations and the equity premium, suggesting that stocks may still offer attractive risk-adjusted returns despite their elevated valuations.
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