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But we saved everything 🙂.
Jared Dillian highlights changes in the U.S. deficit-to-GDP ratio, noting it stands at 6% today compared to 12% in 2010 and 3% in 2015.
He points out that while concerns over insolvency persist, the current situation is not necessarily conclusive, suggesting outcomes will depend on economic growth and political developments.
Dillian has previously compared current market valuations to past episodes, stating they are notably different from the dot com and 2007 bubbles in a recent analysis. A separate study he referenced found that high-IQ investors outperform their lower-IQ peers by 4.9 percent annually, primarily through better market timing, according to research from Finland. These points add further context to ongoing discussions about fiscal conditions and investor behavior.