Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Drago
Dow needs to go to around 20,000’ish to deflate the Fed induced bubble.

Exactly. Has anyone here looked at a Schiller P/E ratio chart recently. This has been a rather overpriced market for some time. The good news is that we can blame the inevitable correction on the Corona virus which wasn't Trump's fault.

19 posted on 02/27/2020 3:06:46 PM PST by AndyJackson
[ Post Reply | Private Reply | To 16 | View Replies ]


To: AndyJackson

Yep all those trillions in new printed money ($$$ & Euros, etc.) has to go somewhere, and with interest rates near zero in the US (negative rates in the EU) it was pouring into treasury bonds/bills and the stock market.

The P/E chart you mentioned:
https://www.multpl.com/shiller-pe


22 posted on 02/27/2020 3:20:23 PM PST by Drago
[ Post Reply | Private Reply | To 19 | View Replies ]

To: AndyJackson

He’s going to take the blame for Intractable Pain Patients being Forced Tapered which began with Chris Christi’s $800,000 book deal, he purposed the current CDC Director Redfield who was out for vengeance his 37 yr old musician son OD’d on Heroin or Cocaine depending who wrote the article laced with Fentanyl. Then the Greedy Addiction Shrink Andrew Kolodny WHO RAN SUBOXONE Phoenix HOUSES entire PROP committee lied about the stats, our vets were hit first the patients with citizens with rare, autoimmune and injuries that can’t be fixed. Many have been through 20+ surgeries. They are now dying of Heart Attacks, strokes, and suicide. https://legalnewsline.com/stories/512633199-j-j-s-lawyers-note-opioids-researcher-being-paid-hundreds-of-thousands-for-testimony-in-oklahoma-trial

IT’S ALL BEEN A CON JOB.


25 posted on 02/27/2020 3:29:11 PM PST by GailA (Intractable Pain, a Subset of Chronic pain Last a Life TIME at Level 10.)
[ Post Reply | Private Reply | To 19 | View Replies ]

To: AndyJackson
I have. It's insane. This market would have tanked back in late January if the Chi-Comms and the Fed didn't save it. It also would have tanked any number of times had the Fed not been pumping tens of billions into the overnight repo markets.

I don't think the average person on here understands what sort of dumpster-fire the markets would be if it wasn't for the Fed constantly manipulating the system. If the market were just allowed to be the market since 2017 - we wouldn't be anywhere's close to 29K - or 25K.

37 posted on 02/27/2020 7:49:44 PM PST by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog s<how. Theater for sheep. My politics determines my "hero")
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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