The new year has started in much the same way as the last one ended: with a lot of talk about bubbly valuations. The fact the S&P 500 hit an all-time high this week, didn’t help.
新年伊始的情形与去年收尾如出一辙：关于泡沫式估值的讨论此起彼伏。本周标普500指数(S&P 500)创下历史新高，这无疑火上浇油。
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