Andrew Lapthorne (@andrewlapthorne) 's Twitter Profile
Andrew Lapthorne

@andrewlapthorne

A quant analyst who really struggles with maths!

ID: 890538321524477954

calendar_today27-07-2017 11:44:16

613 Tweet

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Andrew Lapthorne (@andrewlapthorne) 's Twitter Profile Photo
Andrew Lapthorne
@andrewlapthorne

3 years ago

One assumption is that with global equities down ~20%, a profit recession is already priced in. But in reality, last year’s losses was all about removing the valuation excesses of the prior couple of years. We saw similar 20+ years when the last Growth bubble burst.

One assumption is that with global equities down ~20%, a profit recession is already priced in. But in reality, last year’s losses was all about removing the valuation excesses of the prior couple of years. We saw similar 20+ years when the last Growth bubble burst.