f7ben Posted November 26, 2019 Share Posted November 26, 2019 Only other times in history stocks have been this expensive and its driven 100% by debt. https://www.marketwatch.com/story/stock-markets-optimism-about-trade-deal-amounts-to-just-a-hill-of-soybeans-2019-11-26 Expensive market What’s more, stocks aren’t exactly cheap. The Standard & Poor’s 500 Index SPX, +0.15% is trading at 24.16 times trailing 12-month earnings compared with an historical average of 17.7. Using economist Robert Shiller’s CAPE, or cyclically adjusted P/E ratio, the S&P 500 is currently trading at an historically high level of 30.22: a level reached prior to the 1929 stock market crash and exceeded during the late 1990’s dot-com bubble. This is happening at a time when earnings for the S&P 500 companies have declined for the last three consecutive quarters, with a projected decline in the fourth quarter as well, according to FactSet. Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 26, 2019 Share Posted November 26, 2019 What's your plan? Quote Link to comment Share on other sites More sharing options...
f7ben Posted November 26, 2019 Author Share Posted November 26, 2019 Just now, racer254 said: What's your plan? Lose all my money !!!! Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted November 26, 2019 Share Posted November 26, 2019 1 hour ago, f7ben said: Lose all my money !!!! Markets are up again today so you are well on your way! Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 26, 2019 Share Posted November 26, 2019 2 hours ago, f7ben said: Only other times in history stocks have been this expensive and its driven 100% by debt. https://www.marketwatch.com/story/stock-markets-optimism-about-trade-deal-amounts-to-just-a-hill-of-soybeans-2019-11-26 Expensive market What’s more, stocks aren’t exactly cheap. The Standard & Poor’s 500 Index SPX, +0.15% is trading at 24.16 times trailing 12-month earnings compared with an historical average of 17.7. Using economist Robert Shiller’s CAPE, or cyclically adjusted P/E ratio, the S&P 500 is currently trading at an historically high level of 30.22: a level reached prior to the 1929 stock market crash and exceeded during the late 1990’s dot-com bubble. This is happening at a time when earnings for the S&P 500 companies have declined for the last three consecutive quarters, with a projected decline in the fourth quarter as well, according to FactSet. Yet with all that investment knowledge about 99% of hedge fund managers can't beat the same index that 90% of regular fund managers can't beat. What are you gonna do? Quote Link to comment Share on other sites More sharing options...
f7ben Posted November 26, 2019 Author Share Posted November 26, 2019 1 minute ago, ArcticCrusher said: Yet with all that investment knowledge about 99% of hedge fund managers can't beat the same index that 90% of regular fund managers can't beat. What are you gonna do? Hedge fund managers cant beat the index because the indexes are driven by central bank insanity and passive investing algos. Its fucking complete fraud We are in an earnings recession and stocks make new ath every day Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 26, 2019 Share Posted November 26, 2019 2 hours ago, f7ben said: Only other times in history stocks have been this expensive and its driven 100% by debt. https://www.marketwatch.com/story/stock-markets-optimism-about-trade-deal-amounts-to-just-a-hill-of-soybeans-2019-11-26 Expensive market What’s more, stocks aren’t exactly cheap. The Standard & Poor’s 500 Index SPX, +0.15% is trading at 24.16 times trailing 12-month earnings compared with an historical average of 17.7. Using economist Robert Shiller’s CAPE, or cyclically adjusted P/E ratio, the S&P 500 is currently trading at an historically high level of 30.22: a level reached prior to the 1929 stock market crash and exceeded during the late 1990’s dot-com bubble. This is happening at a time when earnings for the S&P 500 companies have declined for the last three consecutive quarters, with a projected decline in the fourth quarter as well, according to FactSet. Yup remember the dot com bust very well. Hundreds of auctions Quote Link to comment Share on other sites More sharing options...
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