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How I Learned To Love The Bubble (Even Before It Bursts)

By Seeking Alpha February 20, 2026 Bearish
How I Learned To Love The Bubble (Even Before It Bursts)
Presently, the U.S. equity market stands at the most extreme valuations in history, on the measures we find best correlated with actual subsequent market returns across a century of market cycles. In our view, the best way to take good care of the future is to take good care of the present moment – again, and again, and again.
Presently, the U.S. equity market stands at the most extreme valuations in history, on the measures we find best correlated with actual subsequent market returns across a century of market cycles. In our view, the best way to take good care of the future is to take good care of the present moment – again, and again, and again.