RE: wres25 Jul 2019 12:21
No offence intended Oldskool, but I always have doubts about claims of what the market does or doesn't think, simply because how can anyone know this ? IMO it seems more likely to be an assumption that a personal opinion is widely held.
That said, I don't really have an answer for why we are still valued so low, except maybe that so many people have been fully invested for a long time so there is not the buying pressure.