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Because it's not inflation. It would be an asset bubble. Except it's not even that -- the P/E ratio on stock is high now because the economic news has been go
by QuesnayJr 7y ago
Because it's not inflation. It would be an asset bubble. Except it's not even that -- the P/E ratio on stock is high now because the economic news has been good, but it's nowhere near dotcom bubble levels (https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500-pe-ratio).