Got to agree there AverageJoe, never be cocky. Agree 100%. As Ray Dalio says in his book Principles always understand the opposing view and find intellectually smart people who may disagree with your view, so in saying that i welcome your challenge.
I get your point on EV/Li and it does have demand side growth, but i would caution you to look at the supply side. There is allot supply coming online, so if its an area of interest i would recommend going with those already producing, and not those with any financing risk as they always tend to blow out.
Global macro headwinds, i would just say you could be right, but the Fwd P/E now across all USA sectors is lowest in over 20 years. Also Trump in early Jan will seek a Trade War settlement in my view and the Fed now is not raising rates, the 10 Yr Bond is telling us that now. IT has fallen like 30bp!
Wish you well.
Got to agree there AverageJoe, never be cocky. Agree 100%. As...
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