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Do Valuations Matter? (EP.320)

Animal Spirits Podcast

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The Importance of Valuation in the Stock Market

When the Fed started monetary policy in QE, no one said this is going to be lead to a wonderful stock market return. The fact that we're talking about like 13% annual returns is kind of mind-boggling with high valuations and inflation rising. If you were to just screen for even something as simple as high PE stocks, generally speaking, you're going to do not great relative to the market.

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