In today’s clip from The Macro Show, a Hedgeye Nation subscriber asks how he can get more comfortable with today’s market valuations. Director of Research Daryl Jones leads off with an insightful thought, “Valuation is an opinion, it’s not a fact. You can’t anchor on it too much.”
Hedgeye CEO Keith McCullough follows up discussing how older generations affect market sentiment. “Do you think God really has a differentiation valuation factor on 10x vs. 30x revenues? Of course not. That’s not what it’s about.”
