AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Rise of the US Stock Market
Indian markets trading at a multiple of almost 21 times forward earnings. I think it's one of the only markets that's more expensive than the US. The problem there is that they can't invest in anything else. But going back to the US, if you look at the premium that its valuation has relative to the world without the US, that's currently pretty close to it all time high.