|
Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
For Sale Ads |
Use this form to submit comments directly to the Asylum moderators for this forum. We're particularly interested in truly outstanding posts that might be added to our FAQs.You may also use this form to provide feedback or to call attention to messages that may be in violation of our content rules.
Original Message
44.95
Posted by tweaker456 on June 9, 2021 at 11:14:06:
The stock market is now essentially at it's all time high in terms of being overvalued based on PE ratio. This exist solely because of interest rates at a 200 year low. Now I admit that my predictions of a major stock market and real estate downturn have been incorrect so far but it is because this situation is essentially unique in our history. Now I ask you, would you purchase business if it took 44.95 years of earnings to break even as to what you paid for it? Take a close look at the graph.