Quote:
Originally Posted by Jim in CT
it’s not hard if you look at p/e ratios over the last 30 years. other than hating trump, i’m not sure on what basis you’d conclude that the economy was irrationally overvalued a month ago.
the crash had little to do with where we were, or how we got there. we got hit with an outside force that no one predicted.
I live in CT, a state that has been a 40 year experiment in pure, unchecked liberalism. The result? One of the richest states in the nation has unfunded debt equal
to four times annual revenue, and people are fleeing.
Posted from my iPhone/Mobile device
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I never said this was Trump's fault, though I think some of the policies and speculation driven by his
style of leadership certainly added explosive fuel to an already out of control fire...
But I'm surprised you're picking "this market was stable as hell" as the hill to die on here...