But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. The same is true for growth internet precovid about 23 times next years ebitda. We peaked at about 35 times next years ebitda. Today were still at 32 times, so heart will hardly a correction in my books. Do you think some of these stocks got simply out of control in the way they went up parabolically . The characterization doesnt need to get worse. Its pretty good these are peak multiples for stocks in the middle of a Global Pandemic for most software companies, the pandemic has not accelerated th
The position of the council of legislators is also very important. Dear colleagues, in conclusion, i would like to congratulate you all on the upcoming holidays, on victory day, which is sacred to us all. And, of course, i wish you success in upcoming largescale work. In the interests of russia and our people, i look forward to continuing the closest partnership with the federal assembly, with regional legislators, and colleagues in local authorities. All the best to you, thank you for your attention, thank you. This was a broadcast from the tauride palace in st. Petersburg, now on our channel there is a broadcast from the central bank. 4. 5 after 6. 3 in february, seasonally adjusted, but onetime factors made a significant contribution to this slowdown, in particular fruit and Vegetable Products became cheaper, which is not entirely typical for early spring. In april, we may see slightly higher price dynamics than in march, while the general downward trend in the current rate of price