On Anti-Bubble Economics
The equity premium is quite low by post-GFC standards but is still high by pre-GFC standards.
[Damodaran: Implied ERP on September 1, 2024= 4.06% (Trailing 12 month cash yield). Stocks are overbought but not like 1999 or 1987.
Good stuff!
The equity premium is quite low by post-GFC standards but is still high by pre-GFC standards.
[Damodaran: Implied ERP on September 1, 2024= 4.06% (Trailing 12 month cash yield). Stocks are overbought but not like 1999 or 1987.
Good stuff!