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Then why not short sell stocks and become rich?

• abcpassword 7y ago
  Because it can’t actually be predicted or they would do just that.
• take_a_breath 7y ago
  Stocks aren’t necessarily an indicator of economic strength. The S&P 500 is in an earnings recession right now, but continues trading at all-time highs. The market can stay irrational longer than you can stay liquid.
  • tryptophan 7y ago
    This is not true. Sp500 earning are near ATH. https://www.multpl.com/s-p-500-earnings https://www.multpl.com/s-p-500-earnings
    • take_a_breath 7y ago
      Your chart is earnings per share, it’s also from June. That has increased because of all the stock buybacks following the new tax law. Total earnings are down. MarketWatch - https://www.marketwatch.com/story/the-sp-500-is-in-its-first-earnings-recession-in-three-years-2019-09-18 https://www.marketwatch.com/story/the-sp-500-is-in-its-first... CNBC - https://www.google.com/amp/s/www.cnbc.com/amp/2019/06/24/analysts-now-expect-the-earnings-recession-to-last-through-the-third-quarter.html https://www.google.com/amp/s/www.cnbc.com/amp/2019/06/24/ana...