Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: NRx

Market is MORE overvalued than before the crash of 1929.

http://www.multpl.com/shiller-pe/


7 posted on 10/10/2018 1:26:47 PM PDT by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: entropy12

The basis of thee Great Depression was the collapse of the World’s reserve currency, the British pound - not stock valuations, and not Smoot-Hawley tariffs.


10 posted on 10/10/2018 1:31:43 PM PDT by BeauBo
[ Post Reply | Private Reply | To 7 | View Replies ]

To: entropy12

Market has built in the Trump tax cuts, deregulation, trade agreements, repatriation of offshore funds, manufacturing expansion, oil production dominance. And all that is just getting started in a historical context.

This dip is centered on tech spilling over to the composites. Tech is due for a hit because of their chicanery which is just now being exposed. There will be massive lawsuits coming that will last for years.


48 posted on 10/10/2018 2:47:32 PM PDT by Hostage (Article V (Proud Member of the Deranged Q Fringe))
[ Post Reply | Private Reply | To 7 | View Replies ]

To: entropy12

Eh, that’s the special sauce Shiller P/E — which looks to the last 10 years. That means with all the earnings suppressed by the crash of 2008 and eight years of Obama.


70 posted on 10/30/2018 6:35:49 AM PDT by 9YearLurker
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson