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But we saved everything 🙂.
Peter Berezin questions the disconnect between high optimism for long-term earnings growth and the characterization of the current market as the “most hated bull market in history.”
He suggests that expectations for future earnings may not align with prevailing investor sentiment.
Berezin has previously noted that rising corporate profit margins are concentrated among large cap firms, with other companies trailing behind these leaders (article). He also observed Korea's stock market valuations dropping to levels last seen during the global financial crisis, despite strong earnings from memory makers (article). These developments frame the current debate over long-term earnings projections and market sentiment.