34sec snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP488: Current Market Conditions W/ Richard Duncan

We Study Billionaires - The Investor’s Podcast Network

NOTE

Caution in Investing Amidst Stretched Asset Prices

Asset prices are currently 16% above their 2008 levels, indicating a potential for a significant fall. The speaker suggests that property prices may need to decline considerably to lower the stretched asset prices, and predicts that stock prices may also decrease. Instead of investing now, the speaker advises waiting for a market break, as this could lead to lower lows across all asset classes.

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