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Passive Investing, Inflation and the Bifurcated Economy with Mike Green
Excess Returns
Managing Retirement Assets for Long-Term Growth
As financial planners, understanding that as individuals age, larger distributions need to be taken from assets like IRAs and 401ks, leading to high evaluations. This can be reflected in indicators like stock price increase or market cap to GDP, which is similar to the PE ratio, as GDP represents domestic income.
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