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Valuations are higher.
Valuations are tricky.
"Today, valuations are low.
Valuations are attractive.
Stock market valuations are depressed.
Equity valuations are already high (see Shiller).
With all this exuberance, valuations are soaring.
Valuations are stretched beyond historical comparisons.
Valuations are a matter of interpretations.
That said, valuations are ahead of themselves.
"The definition of a bubble is where valuations are overstretched.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com