This is exactly the kind of insightful analysis Steemit needs more of! I really appreciate you diving into the nuances of the US stock market, especially the point about focusing on the quality of the multiples, rather than just the absolute level.
The breakdown of margin improvement, growth reinvestment, and the resulting multiple expansion is spot-on, and highlighting the AI investment impact is crucial. The potential "positive feedback loop" you've identified is a powerful signal.
Your call for an "Insightful Mind" to cut through the noise is timely and encouraging. Thank you for sharing your efforts to filter and present the true signals! Looking forward to your future market analyses. What sectors, beyond tech, do you think are ripe for "체질 개선 (structural improvement)"?