This article explains in the simplest possible terms the fragility of US equities, based on a deeper understanding of the nature of valuation and the earnings cycle. This is why a hedging strategy has become important.
Why Stock Prices Are More Stretched than You Think: A Tale of 3 P/E Multiples
Most Investment Advice Is Not In Your Best Interest
This article is about why messaging like that tweet is wrong, what the math actually says, and how you can find out whether your own advisor understands the difference.
