The last time we saw these kinds of gains outside of a recessionary period was… right before the 1987 crash 👀
Alex Letko of $22B LetkoBrosseau explains why his firm is getting cautious—despite stocks ripping higher.
📈 Over 80% of the S&P 500 is now trading above 20x earnings
⚠️ The top 10 stocks make up 40%+ of the index — the highest in 25 years
📉 The only comps? The dot-com bubble and zero-rate pandemic era
Instead of chasing the rally, Letko says they’ve been selling winners and raising cash—getting ready for volatility while others stay fully invested.
🎧 Full episode out now! https://t.co/87CUe9bJ90
#StockMarket #Investing #SP500 #MarketBubble #Finance #InTheMoney #AlexLetko
Food for thought: Ai chips remind me of a bread maker.. ots of them, generic, common, but some bread makerrs are better than others. Imagine who sold the machines to make the lovely soft , hard shell bread.. that where I want to invest
@ronmortgageguy Another 30% down and " the budget should balance itself" in all seriousness 15 20 down should put people on good goofing for the future.. those who Boughton the first time..aka greedy people..sorry
Today buys, $ipp.un
Sells. $sj.to amd $ifc.to ( both double digit short tdrm returns)
: staying nibble and not taking on excessive risk based on cash flow required.