Ryan,
I forgot the story link in my post. Here it is:
Since you're already familiar with the discussion, this may not add anything to the discussion for you. But maybe some others can glean something from it.
Ryan,
I forgot the story link in my post. Here it is:
Since you're already familiar with the discussion, this may not add anything to the discussion for you. But maybe some others can glean something from it.
Stocks are overvalued on a whole host of measures including but not limited to Tobin's Q, Buffet Indicator, Market Cap/GVA, and Market Cap/GDP. Investors are delusional just like they are at all market tops. Any way you cut it, up or down, it is truly historic. What will be interesting is how Algos, ETFs and index funds perform when the storm comes.
How are investors delusional? Those who missed out on the Bull were the delusional ones.
You are one of the delusional.
Another example of Igy making a claim which he can't back up. No surprise.
Pretty simple, my uneducated Trews, the domestic stock market has only been this overvalued twice in 130 years. Tesla hemorages $Billions yet has a larger market cap then GM. The justification for the market rise was tax cuts and infrastructure spending, none likely to take place in 2017. S&P 500 earnings for the most recent nearly complete quarter are at the same level as 6/30/2014 when the S&P 500 was trading at 1,972. The FAANG stocks have contributed 30% of the S&P 500 performance year to date.
Yes, these are just a few reasons why you are delusional. So if you have evidence to the contrary serve it up, or shut up.
That doesn't explain why investors would be considered delusional. You've been shoveling the same shit for years here and all that time these investors have seen the value of their portfolios rise substantially. Meanwhile you and your Muppet clients have mostly sat on the sidelines and lost purchasing power. So who's delusional?
See you can't offer anything to support your view other than the direction of the market. That is why you remain uneducated and delusional. Don't feel bad you are not alone and that should be comforting.
My view? That you can't back up your crazy claims? Ha! The evidence of that is all over this thread. Try again.
Covfefe
Not surprised that you're channeling your boy Trump. Anything to avoid facing the truth.
Oh the irony!
Stealing handles again. Remember when you stole mine? Weak ass shit of the desperate.
Time to call in the anger management doc.
Time for your meds. Don't forget the testosterone.
Oh the irony! Mr circumcision obsession.
^ For all the world to see, who you really are^
Tell us something we don't already know.
Your obsession with Igy.
I'm touching myself right now!