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The whole market is more expensive than ever. Compared to profitability of firms.
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0 sats \ 0 replies \ @OT 3 Nov
Is it not the usual play of holding cash until the volatility of the US elections pass?
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It's not a cheap price, quite expensive, maybe only for those who can afford it.
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I think it means he hasn't figured out anything other than cash as a strategic reserve asset