Thanks for highlighting those important macro data! My first investment management manager told me that economic growth does not predict / equal market performance so a lot of times understanding the (intrinsic) valuation, fundamental data like ROE trend, and changes in market structure and megatrends as well as the macro policies are important.
Thanks for highlighting those important macro data! My first investment management manager told me that economic growth does not predict / equal market performance so a lot of times understanding the (intrinsic) valuation, fundamental data like ROE trend, and changes in market structure and megatrends as well as the macro policies are important.
Thanks for sharing this insight! And I agree. Fundamentals tell the story way better. :-)