Very much agree with your comment in one of the charts that valuations tend to matter more for longer-term holding periods as time series analysis will show.
After snorkeling would be great to see US equities minus Mag 7 in the chart 2 for forward PE but perhaps the global non US data you also show is directionally the same thing. Great set of charts once again thank you
Have a great vacation!
Have a great vacation!
Don’t get out there too deep snorkeling!
Great set of charts and analysis. Many thanks.
Enjoy your vacation!
Very much agree with your comment in one of the charts that valuations tend to matter more for longer-term holding periods as time series analysis will show.
After snorkeling would be great to see US equities minus Mag 7 in the chart 2 for forward PE but perhaps the global non US data you also show is directionally the same thing. Great set of charts once again thank you