2min chapter

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'Stocks To Suffer' As Cost Of Capital Rises But Earnings Fall | Tavi Costa

Wealthion - Be Financially Resilient

CHAPTER

The Gold Cycle and the Valuation of Equity Markets

The gold cycle is very much in line with the valuation of equity markets. And you can see periods where we're running up on that, inflating all the assets in valuations relative to their fundamentals. So today, I think we're in the deflating process of that. Now, I know recently we've had AI becoming something that a lot of people like to point out as a potential catalyst for things to continue to be frothy. But if you think about from a macro perspective, it really closes the gap between a smaller business versus a larger company.

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