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In my country, the stock market is at an all time high, even though gdp growth is at a 13 year low and unemployment is the highest in 40+ years. Stock markets
by puranjay 7y ago
In my country, the stock market is at an all time high, even though gdp growth is at a 13 year low and unemployment is the highest in 40+ years.
Stock markets often don't reflect the actual state of the economy
- aaronblohowiak 7y agoP/Es being so high reflects the long-term effects of low interest rates.