Thursday, August 6, 2020

a counter-intuitive thinking by the experts ...

Goldman puts a warning today that a corona vaccine approval will bring the tech stock valuation down ..
as the current valuations are based on the assumption that people will stay at home in foreseeable future ..!

theirs as well as others' analysts have been touting for higher valuations until now ... because did they assumed that the solution is not arriving in near future ..?

think about it ..!

No comments:

Post a Comment

30Y treas auction rates above 5p

Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!