Msg. 53893 of 62138 (This msg. is a reply to
53890 by
capt_nemo)
Jump:
Hmmmmmmmmmmmmmmmmmmmmmmmmm.
Seems like as I said there were no earnings to support the prices of the VAST majority of stocks. It was indeed a bubble. This house of cards was well past due to begin its correction. Once it has bottomed, the markets will begin to strengthen and slowly start the upward ascent.
- - - - - The above is a reply to the following message:
Let’s put the recent 12% downward blip into perspective: It started from record valuations, higher than 1929 and 2000.
By: capt_nemo in
POPE 5 Sun, 01 Mar 20 2:27 PM
Let’s put the recent 12% downward blip into perspective: It started from record valuations, higher than 1929 and 2000. At the probable peak of the most extended business cycle ever. The downside risk is substantial.
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