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It's fairly rational to point out that the market is overvalued at the moment to begin with. If anything, I'd expect some big losses in that 5% median if econom
by andrewmcwatters 8y ago
It's fairly rational to point out that the market is overvalued at the moment to begin with. If anything, I'd expect some big losses in that 5% median if economic pressures leave people worried and speculating.
- craftyguy 8y ago> It's fairly rational to point out Stating that an opinion is rational does not automatically make it rational. Care to explain why you think it is?
- jakamau 8y agoNot the original poster but I would point to the Shiller PE (i.e. CAPE) ratio as a useful indicator of potential over-valuation. The increasing cost required to make the same in earnings is disconcerting. https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-earnings_ratio https://en.wikipedia.org/wiki/Cyclically_adjusted_price-to-e... http://www.econ.yale.edu/~shiller/data.htm http://www.econ.yale.edu/~shiller/data.htm