malkojohn16 karma2019-05-07 19:42:10 UTC
Hi Ray. Thank you for all the amazing knowledge you are sharing with us.
I know that recently you have downgraded the chances for a recession to 35 % or so. However, i cant stop thinking that valuations of equities are extremely high. Are you worried about this, and would you be more neutral with your portfolios as an amateur investor?
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malkojohn1 karma2019-05-07 20:01:19 UTC
Ray, you usually say that all outcomes are " another one of this". What would you compare the current economic environment with ( year or period of history)?
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