Applying our forward returns framework to the stock market by treating it like one company.
I fully agree... We seem to be pondering the same issues. I recently asked 'is the stock market broken': https://rockandturner.substack.com/p/is-the-stock-market-broken
I fully agree... We seem to be pondering the same issues. I recently asked 'is the stock market broken': https://rockandturner.substack.com/p/is-the-stock-market-broken