Markets ramble, the inner punter, and we all live happily ever after

Fri 2 Aug 2019

Brian Dennehy

Membership Access | gold

Market commentary

Lots more reminders this week of the stretched nature of markets. For example, Horizon Kinetics calculated that if the big six technology businesses fall to a level where their price earnings (PE) ratio was a less demanding 20, the average price fall would be 63%.

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