All-In with Chamath, Jason, Sacks & Friedberg
Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections
David Friedberg
I think the market's priced in a lot of the expectation already. If you look at the PE chart on the S&P 500 going back five years, let's pull this one up real quick. You can see that we peaked out obviously in 2020, 2021, where we had a big boom with all the stimulus money coming in and all the money found its way into the markets during the end of the ZERP era.
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