Re:Apple Looks to Expand Advertising Business with New Netwo...
by fauigerzigerk on Sunday June 03, 2018 @04:00PM
(#17221446)
Capital has not become cheaper. On the contrary, interest rates are on the way up.
But I don't think it's growth expectations that are driving stock prices either. It feels more like investors shudder at the thought of owning any of the alternatives to US blue chips.
You could say that everyone has higher growth expectations, or perhaps capital is just cheaper?