Time In The Market
There was a recurring theme at the annual Burgundy Client Day on June 8th: the market is getting expensive. Burgundy’s Portfolio Managers highlighted the difficulties finding high-quality companies at attractive prices in the current market environment. Given valuation levels, our return expectations going forward are modest. This raises the question: is it a good time to invest, or should I just wait on the sidelines until the next market correction?
China's Indebtedness In The Face Of . . .
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