Will stratospheric valuations return to earth?

what goes up, must come down. Or a high valuation will always revert back to the mean. This market wisdom has been upended by effectively more than two decades of accommodative monetary policies by central banks, resulting in some companies, mainly Big Tech, continuing an upward trend into elevated market valuations.

There are little indications that this may end soon – even with G7 countries recommending a global minimum corporate taxation level of 15% at a recent meeting – which must now