The market is insanely over-valued already. It was down all day until Powell spoke, and then it made a sharp reversal.
The market is now 20% MORE over-valued than at the peak before 1929 crash. It is more over-valued than at any time except in 2000 when the internet stocks were booming.
The market is now 20% MORE over-valued than at the peak before 1929 crash. It is more over-valued than at any time except in 2000 when the internet stocks were booming."
I agree with you 100%.