Ghost of Igloi wrote:
Mouth Breather wrote:
I see no link that addresses the issue of valuations being informative. I’m not sure why you are avoiding this. You made the statement, but seem unwilling to defend it.
Admit it. I say it is black, you will say it is white. Besides the entire link I posted is about valuations being informative. Why do you think the US Treasury Deparment Office of Financial Research published Quicksilver Markets. Really silly and obnoxioua you insist on a nonsense argument. Go find someone else to troll. And breathe thru your nose, that is what is there for.
I just asked you to explain what you wrote. There’s no argument here, just a simple request.
The only link I see is the Market Stress one which I do not see as an explanation. Perhaps you can tell us what you gleaned about valuations from that.
A runner needs to mouth breathe to take in enough oxygen.