Elevated cyclically adjusted price-to-earnings (CAPE) ratios and market capitalization-to-GDP ratios suggest future returns may trend below historical averages, even as AI leaders like NVIDIA (NVDA) continue to buoy stock indices.
Elevated cyclically adjusted price-to-earnings (CAPE) ratios and market capitalization-to-GDP ratios suggest future returns may trend below historical averages, even as AI leaders like NVIDIA (NVDA) continue to buoy stock indices.
Comments