Inmate Central

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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.