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One of the reasons for this is stock market being detached from real economic activity. It is mostly a play field for financial engineering. Hugely overvalued.
by pauljurczak 7y ago
One of the reasons for this is stock market being detached from real economic activity. It is mostly a play field for financial engineering. Hugely overvalued.
- IanDrake 7y agoNo, its not hugely overvalued. Interest rates are low, where will you get your desired yield? PE ratios are in the normal range. How do you justify your position? What are you comparing it to? RE? RE isn't passive.