Quote:
Originally Posted by Jim in CT
You said the market was crazy overpriced. Please justify that. Because the P/E ratio for the S&P 500 wasn't crazy high.
When unemployment is low and companies can avoid useless regulations and innovate, guess what? The market will grow. I'm sorry if that spits in the face of liberalism, but it's the way it is.
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No I said some companies were overvalued even if they made no profit
Removing regulations is a red herring like trickle down economics even most optimistic models it take 5-10 years for business to see an affect of deregulation
Dont your arms ever get tired of waving pom poms all day ...
According to a research note from Bank of America Securities, it has taken 1,100 trading days on average to regain the territory lost during a bear market.
There are 252 trading days in a year, so that means the average time to get back to where we were is 4.4 years.
I am glad I live in reality, not A Trump driven reality
