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Maxed Out Markets: Investing When Everything Is Expensive

Many Happy Returns

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Market Trends and Psychological Impacts

This chapter explores the psychological effects of stock market fluctuations on investors, particularly the tension between market highs and fears of crashes. It discusses historical market performance, the significance of market concentration, and the forecast of low returns in the coming decade, alongside the implications of tech dominance and regulatory scrutiny. Through this lens, the chapter provides insights into the complex dynamics of investing and the caution needed in the current economic landscape.

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