Data Update 1 for 2023: Setting the table!
Musings on Markets
JANUARY 6, 2023
These assertions may very well be true, but cheap and expensive, at least in pricing terms, is relative, and looking at the data can help you detect rules of thumb that work from those that do not. I do report on a few market-wide data items especially on risk premiums for both equity and debt. Price to Book 3.
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