Quote from stock_trad3r:
dow 16000 maybe
Quote from krazykarl:
There is trillions of dollars less of tradable equities then 10 years ago - we SHOULD be around 16000 given the p/e and p/b ratios. Also, bring on the inflation - now is the perfect time. People seem to be forgetting the upside to inflation: all that debt the US consumer has amassed over the past several years is automatically shrinking...
Quote from detective:
Trillions of dollars less than 10 years ago? I'd like to see the numbers that you are pulling out of your as.s
Quote from krazykarl:
There is trillions of dollars less of tradable equities then 10 years ago - we SHOULD be around 16000 given the p/e and p/b ratios. Also, bring on the inflation - now is the perfect time. People seem to be forgetting the upside to inflation: all that debt the US consumer has amassed over the past several years is automatically shrinking...